dcn-eu logo
Story image

Authorities approve Orange’s €350m acquisition of Basefarm​

15 Aug 2018

Today Orange Business Services announced that its 100 percent acquisition of Basefarm Holding SA has been signed off by the relevant competition authorities.

In mid-July this year Orange announced its intentions to take over Basefarm’s complete operations for a weighty sum of €350 million with the goal becoming a European leader in the cloud computing services market.

Basefarm has 11 data centres across four countries with a strong operational presence in several other European countries – particularly in Norway, Sweden, the Netherlands, Austria, and Germany.

The company recorded revenues of more than 11 million euros in 2017 and has undergone steady growth since its inception.

“We are very proud to announce the acquisition of Basefarm, which will mark a major milestone in our international development,” says Orange Business Services chief executive officer Helmut Reisinger.

“In particular, the company’s integration will enable us to significantly extend our Big Data and critical application management services on a rapidly consolidating market.”

According to the two companies, Basefarm’s most innovative services include big data, cloud computing, and AI. The business currently employs approximately 550 employees.

“We are very pleased with Orange’s decision to acquire Basefarm, a sign of our continued success in Europe,” says Basefarm chief executive officer Fredrik Ohlsen.

“Orange is already a major player in the cloud services business and our two companies are very well matched in terms of our product portfolio, and also when it comes to geographical spread. Together we’re able to build a pan-European leader in cloud managed services, something which will benefit Basefarm and our customers.”

Reisinger is looking forward to the opportunities the acquisition will bring for Orange, as it looks to expand its footprint across Europe.

“In addition to our ability to offer access to public or private cloud infrastructure, it is above all our capacity to propose enriched, automated services to our customers, wherever they are in the world, that will enable us to support companies as they transform onto new, digital models based on cloud-computing, big data and artificial intelligence,” concludes Reisinger.

Story image
Schneider Electric and EcoDataCenter partner to produce a climate-positive data centre
Schneider Electric and EcoDataCenter have teamed up with the shared goal of advancing sustainability and eco-friendly practices in the data centre world. More
Story image
Over half of IT pros prefer hybrid and multi-cloud architectures - report
Denodo surveyed executives from over 250 organisations on their attitudes toward cloud, the challenges it presents, and the way in which it has changed workflows within organisations.More
Story image
OVHcloud US releases new line of virtual private servers
“Our latest VPS solution is extremely easy to set-up and manage empowering users to fully-leverage the flexibility that accompanies virtualisation."More
Story image
Schneider Electric and AVEVA team up, target hyperscale data centre market
AVEVA’s Unified Operations Centre scalable industrial software offering will be combined with Schneider Electric’s EcoStruxure for Data Centres, the control and monitoring capabilities used for visibility to everyday operations.More
Story image
Industrial IoT will aid in advancement of 5G, analysts find
Frost & Sullivan finds that the integration of 5G in industrial internet of things (IIoT) systems will help the technology evolve to reach high speed, low latency, and large volume data transfer. More
Story image
Dell and Google Cloud deepen integration to bolster hybrid cloud storage
Dell and Google Cloud have announced the launch of their new hybrid cloud storage system, with the capability of moving as much as 50 petabytes of high-performance workloads.More