Service provider Ensono doubles in size following $400m acquisition

Deal is Ensono's third acquisition in three years, following expansions in the UK and Germany

Service provider Ensono has doubled its revenue after acquiring the managed hosting business of Indian IT giant Wipro.

The $405m (£290m) deal will see the US-based firm take over Wipro's hosted datacentre services unit, adding an additional eight datacentres and 900 employees to Ensono.

The acquisition continues a period of growth for Ensono, which saw it expand into the UK in 2016 via the acquisition of Attenda, before snapping up Microsoft Azure specialist Inframon last year.

By adding Wipro's managed hosting unit to its own business Ensono has doubled its revenue to over $550m.

Ensono CEO Jeff VonDeylen said: This particular acquisition and partnership with Wipro substantially increases our ability to scale and service our growing client portfolio.

"We are increasing our geographic presence by expanding our datacentre operations in Germany, the UK and the US, as well as establishing an operational presence in India.

"These are strategic moves that bring us one step closer to our vision of being a recognised leader in true hybrid IT and a relentless ally to our clients."

The acquisition, which is subject to regulatory approval, is expected to close in June.

Wipro and Ensono have formed a "long-term partnership" as part of the deal, which will see Wipro invest $55m in Ensono as part of plans to deliver hybrid IT services.

Wipro SVP Kiran Desai said: "As we embrace our strategy of focusing on newer digital areas of spend, our strategic investment and partnership with Ensono will enable us to remain committed to meeting the hosted datacentre services requirements of our customers.

"This partnership will enhance the global datacentre footprint and expand the available talent pool which will give us economies of scale and allow us to offer end-to-end capabilities in the infrastructure space, better than ever before."