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Announced

Completed

OVHcloud completed the acquisition of Blade.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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cloud gaming

Private

Completed

Acquisition

Majority

Friendly

Single Bidder

Domestic

France

Digital Services

Synopsis

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OVHcloud, a French cloud computing company, completed the acquisition of Blade, a bankrupt cloud gaming service. Financial terms were not disclosed. The company plans to use the streaming technology from Blade to help run hubiC. The combined business will maintain gaming operations, at least for a while, but also plans to extend into broader remote compute services.

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