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New Deal


Announced

Wayra And Nauta Capital invest in Abiquo.

Financials

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United Kingdom

Acquisition

Private

Spain

cloud services

Venture Capital

Data Centers and Hosting

Pending

cloud management

multicloud platform

Natural

Single Bidder

Private Equity

Synopsis

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Wayra Barcelona, subsidiary​ and hub of Telefónica, provider of a wide range of comprehensive communication solutions and Nauta Capital, venture capital firm investing in early-stage technology companies invested in hybrid cloud management specialist Abiquo. Financial terms were not disclosed. One of the main objectives of Wayra is to invest in tech startups that can build up business with Telefónica and, thus, be able to scale by contributing with its technological solutions to a network of more than 350m customers that the group has throughout the world. The investment in Abiquo will help boost this new service, already available in Spain, that will be extended to the rest of Telefónica's operations in Latin America. "Our customers demand a complete multicloud offering, allowing them to use the most appropriate products and services from each cloud. For this reason, we have selected Abiquo to deploy the Multicloud Portal, offer value-added capabilities and manage the lifecycle of workloads, providing differential value in companies' journey towards the adoption of public clouds" Jose María Cuellar, Global Director of the Cloud unit at Telefónica.

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