March 14, 2018 / 12:13 PM / 6 months ago

BRIEF-India's Wipro ‍To Divest Hosted Data Center Services Business To Ensono For $405 Mln

March 14 (Reuters) - Wipro Ltd:

* SAYS ‍TO DIVEST HOSTED DATA CENTER SERVICES BUSINESS TO ENSONO FOR $405 MILLION​

* SAYS AS PART OF AGREEMENT, WIPRO WILL MAKE STRATEGIC INVESTMENT OF $55 MILLION IN ENSONO’S COMBINED ENTITY

* CO, ENSONO SIGNED LONG-TERM PARTNERSHIP AGREEMENT TO JOINTLY ADDRESS HYBRID IT REQUIREMENTS OF WIPRO

* SAYS MEDICARE & MEDICAID SERVICES IN HEALTH INSURANCE SPACE, ERP IMPLEMENTATION SERVICES ARE NOT PART OF DIVESTMENT Source text - bit.ly/2IrksoK Further company coverage:

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