Announced
Completed
Synopsis
OVHcloud, a European cloud provider, operating 450,000 servers in 37 data centers on four continents, serving 1.6 million clients across 140 countries, completed the acquisition of gridscale, a platform for hyperconverged infrastructures and data-sovereign European public cloud solutions. Financial terms were not disclosed. “We are impressed by the solutions developed by the gridscale teams, which we will be delighted to integrate into OVHcloud. Our solutions and know-how are highly compatible and very complementary. The combination of our different technologies will allow us to accelerate our deployment of Edge Computing solutions and our geographic expansion while optimizing our capital allocation,” Michel Paulin, OVHcloud CEO.
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