Posted on July 23, 2018, by Vedran Bozicevic | 1 minute read
Orange has taken a huge step in the business cloud market, acquiring cloud infrastructure and critical application services firm Basefarm to help grow its Orange Business Services division.
While Orange is a strong cloud player in France, it's looking to diversify the services it provides across Europe, strengthening its hold on the cloud sector.
Basefarm already has a strong presence within Europe, particularly Norway, Sweden, the Netherlands, Austria and Germany, where it offers a range of cloud-based infrastructure and services, management of critical applications and analytics to help businesses get more insight from their usage data.
The deal is worth €350 million (£310 million) and is due to complete in the third quarter of this year.
Read more: Cloud Pro
