IT major Wipro Limited has sold its hosted data centre services business to Ensono, a leading hybrid IT services provider. The deal size is $ 405 million, reported ET..Khaitan & Co acted as Indian legal counsel for Ensono and the team was led by Partner Rabindra Jhunjhunwala along with Senior Associate Pranay Bagdi and Associates Bidya Mohanty and Kanika Mathew..Partner Sanjay Sanghvi and Associate Jimmy Bhatt advised on direct tax issues while Executive Director Dinesh Agrawal along with Senior Associate Mayank Jain and Associate Varun Mansinghka advised on Indirect tax and Special Economic Zone aspects..Ropes & Gray LLP (UK), Goodwin Procter LLP (US) and Noerr (Germany) are the International legal advisors to Ensono..IndusLaw acted as Indian legal advisor to Wipro and the team was led by Partners Suneeth Katarki and Pallavi Kanakagiri..Hughes Hubbard and Reed LLP (for the US), DLA Piper (for Europe) acted for Wipro..Image taken from here.
IT major Wipro Limited has sold its hosted data centre services business to Ensono, a leading hybrid IT services provider. The deal size is $ 405 million, reported ET..Khaitan & Co acted as Indian legal counsel for Ensono and the team was led by Partner Rabindra Jhunjhunwala along with Senior Associate Pranay Bagdi and Associates Bidya Mohanty and Kanika Mathew..Partner Sanjay Sanghvi and Associate Jimmy Bhatt advised on direct tax issues while Executive Director Dinesh Agrawal along with Senior Associate Mayank Jain and Associate Varun Mansinghka advised on Indirect tax and Special Economic Zone aspects..Ropes & Gray LLP (UK), Goodwin Procter LLP (US) and Noerr (Germany) are the International legal advisors to Ensono..IndusLaw acted as Indian legal advisor to Wipro and the team was led by Partners Suneeth Katarki and Pallavi Kanakagiri..Hughes Hubbard and Reed LLP (for the US), DLA Piper (for Europe) acted for Wipro..Image taken from here.