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Wipro sells data services business to US firm

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Bengaluru, March 14 (IANS) Global software major Wipro on Wednesday announced selling its hosted data centre services business to US-based hybrid IT services provider Ensono for $405 million (Rs 2,633 crore).

“The deal will result in Ensono acquiring our eight data centres along with their 900 employees to expand its footprint and global service capabilities,” said the city-based IT major in a statement here.

The two entities also signed an agreement to jointly address the hybrid IT needs of Wipro’s enterprise customers worldwide.

“As part of the deal, we will invest $55 million (Rs 358 crore) in Ensono’s combined entity,” said Wipro.

The acquisition is expected to close in the quarter ending June 2018.

Wipro, which has been providing IT management solutions for enterprises since 1993, operates data centres globally, with expertise across multiple computing environments and platforms, including mainframes, iSeries, Unix, Windows and Linux servers.

The data centre services was one of the three businesses that became a part of Wipro when it acquired Infocrossing Inc for $600 million in 2007.

The other two Infocrossing businesses — medicare and medicaid services in the health insurance space and ERP (Enterprise Resource Planning) implementation services were integrated with the company’s other businesses and are not part of this divestment.

“As we focus on newer digital areas of spend, our investment and partnership with Ensono will enable us to remain committed to meeting the hosted data centre services needs of our customers,” said Wipro Vice-President for global infrastructure services Kiran Desai.

The Chicago-headquartered Ensono provides hybrid IT services, from cloud to mainframe, that enable clients to digitally transform their business.

The acquisition of Wipro’s date services will double Ensono’s size, diversify its client portfolio and increase its annual revenue to $550 million.

“The acquisition and partnership with Wipro increases our ability to scale and service our clients and expand our data centre operations in Germany, Britain and the US, besides establishing an operational presence in India,” said Ensono CEO Jeff Von Deylen in the statement.

Ensono is a portfolio firm of Charlesbank Capital Partners and M/C Partners.

–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma

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World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.

Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.

During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.

On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”

Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.

It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.

Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.

Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”

On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”

The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.

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