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Software exporter Wipro has revealed that it may be set to sell the data centres and computer hardware - which may include network cables - that belongs to its US subsidiary Infocrossing.
One anonymous source told the Economic Times that Citigroup is holding discussions with potential buyers, adding that Wipro has already received initial offers from a number of major telecoms organisations in the US.
Wipro asserted that the decision to sell was made in a bid to "unlock value" from elements of the business that are not crucial.
It is thought the sale of the five data centres, complete with server racks and computer cables, will raise between $300 million (£221 million) and $400 million.
Yesterday (September 28th), Google revealed that it was planning to invest more than $200 million in data centres in Asia.
The firm plans to build establishments, which may feature 24 port patch panels, in Singapore, Taiwan and Hong Kong.
News provided by Comms Express, number one for server accessories on the net. 
Last Updated: 29/09/2011 12:03
Wipro to sell data centres and other hardware - Data Centre and Server Racks - Article Discussion
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