Wipro sells Hosted Data Centre Services to Ensono
Frankfurt am Main — DLA Piper has advised Wipro Limited, a global IT consulting firm and leading IT services provider, on the sale of its Hosted Data Centre Services business to Ensono. The sales price amounts to around $405 million.
The divestment, which includes eight data centers with around 900 employees, will enable Wipro to unlock new potential. The transaction is expected to close by the end of June 2018 following the completion of customary closing conditions and regulatory approvals.
Wipro Limited is a multinational company and a leading provider of IT services, consulting and business process services. With currently more than 160,000 employees advising clients in over 175 cities worldwide, Wipro Limited is one of India’s largest companies. For more than a decade, Wipro Limited has been making strategic investments in the continental European market, which is reflected in a strong presence.
Advisors to Wipro imited: DLA Piper
Under the joint leadership of partners Dr. Mathias Schulze Steinen (Frankfurt) and Anu Balasubramanian (London, both Corporate), the team also included partners Pascal Kremp (Labor Law, Munich) and Fabian Mühlen (Real Estate, Frankfurt), counsel Dr. Raimund Behnes (Tax, Frankfurt) and Dr. Annekatrin Veit (Pensions, Munich), and senior associates Dr. Dennis Hog (Real Estate) and Dr. Christian Marzlin (Corporate, both Frankfurt). In Birmingham, Senior Associate Simon Wright (Corporate) supported the team.
About DLA Piper
DLA Piper is a global law firm. DLA Piper offers a comprehensive range of legal services in more than 40 countries in Europe, Africa, Asia, Australia, the Middle East and North and South America. — In Germany, DLA Piper has four offices — Frankfurt am Main, Hamburg, Cologne and Munich — and is led by German Managing Partners Dr. Benjamin Parameswaran and Dr. Konrad Rohde.