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New Deal


Announced

OVHcloud to acquire ForePaaS.

Synopsis

OVHcloud, a cloud computing firm, agreed to acquire ForePaaS, an IT services and IT consulting company. Financial terms were not disclosed. "By acquiring ForePaaS, we are endowing ourselves with an expert team that will complete the spectrum of OVHcloud's competencies to fast-track the delivery of an expanded portfolio of development environments in the Platform as a Service (PaaS) segment. This acquisition of technology bricks and skills will allow us to serve an increasing breadth of use cases for our clients who are looking for agile solutions to facilitate their adoption of the cloud and give them full control over the lifecycle of their data," Thierry Souche, OVHcloud CTO.

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