Authorities Approve Orange’s €350m Acquisition of Basefarm
Today Orange Business Services announced that its 100 percent acquisition of Basefarm Holding SA has been signed off by the relevant competition authorities.
In mid-July this year Orange announced its intentions to take over Basefarm’s complete operations for a weighty sum of €350 million with the goal becoming a European leader in the cloud computing services market.
Basefarm has 11 data centres across four countries with a strong operational presence in several other European countries – particularly in Norway, Sweden, the Netherlands, Austria, and Germany.
The company recorded revenues of more than 11 million euros in 2017 and has undergone steady growth since its inception.
“We are very proud to announce the acquisition of Basefarm, which will mark a major milestone in our international development,” says Orange Business Services chief executive officer Helmut Reisinger.
“In particular, the company’s integration will enable us to significantly extend our Big Data and critical application management services on a rapidly consolidating market.”
According to the two companies, Basefarm’s most innovative services include big data, cloud computing, and AI. The business currently employs approximately 550 employees.
“We are very pleased with Orange’s decision to acquire Basefarm, a sign of our continued success in Europe,” says Basefarm chief executive officer Fredrik Ohlsen.
“Orange is already a major player in the cloud services business and our two companies are very well matched in terms of our product portfolio, and also when it comes to geographical spread. Together we’re able to build a pan-European leader in cloud managed services, something which will benefit Basefarm and our customers.”
Reisinger is looking forward to the opportunities the acquisition will bring for Orange, as it looks to expand its footprint across Europe.
“In addition to our ability to offer access to public or private cloud infrastructure, it is above all our capacity to propose enriched, automated services to our customers, wherever they are in the world, that will enable us to support companies as they transform onto new, digital models based on cloud-computing, big data and artificial intelligence,” concludes Reisinger.
Source: datacentrenews
Latest Jobs
-
- Cyber Incident Response Consultant, Italy
- Italy
- Up to €60,000
-
Cyber Incident Response Consultant, Italy Up to €60,000 Cyber Incident Response Consultant is needed to join a global consultancy whose cyber business unit are continuing to their investment in the growth of their team. The Cyber Incident Response Consultant role is client facing that will join an award-winning team that deliver varied, interesting and often challenging work to a wide range of prestigious clients. The Cyber Incident Response Consultant MUST have current experience taking a client through the complete IR / triage process and have a blend of both technical and commercial (identifying and developing new business opportunities within a client) Proactive Incident response, forensics and eDiscovery experience is a MUST. The Cyber Incident Response Consultant must be happy to travel. Key attributes should also include; stakeholder engagement, mentoring of team members, a collaborative working style. Technical experience must include; demonstrable experience within an cyber incident response, Forensic, cyber etc. Additional certifications could / should include GIAC certified (Intrusion analyst, incident handler, forensic handler) Any of the following are very desirable also CREST Certified Network Intrusion Analyst (CCNIA) CREST Certified Host Intrusion Analyst (CCHIA) CREST Certified Malware Reverse Engineer (CCMRE) CREST Practitioner Intrusion Analyst (CPIA) Career development and the opportunity to influence, apply today for more information.
-
- Data Consultant
- London
- Up to £90,000 Base
-
Data Consultant Location: London Salary: Up to £90,000 basic DD7692 A leading Google Cloud Platform (GCP) Provider who is looking for a Data Consultant, based in London. Experience with GCP or other similar platforms (AWS, AZURE etc), experience with GCP technologies as well as experience with Machine Learning, Data Mining and Data Analytics. The Data Consultant will be responsible for design solutions for customers and providing technical knowledge in customer meetings. Ideally, the Data Consultant will have experience transforming the way companies work by building company-centric solutions on the Google Cloud Platform or similar cloud platforms. Our client is a Premier Google Cloud Partner, offering an exciting opportunity to work with innovative technology whilst giving you the chance to grow and develop your career. You will have the opportunity to benefit from a number of training courses at several Google locations.
-
- Senior Delivery Consultant Emerging Technologies
- Beckenham
- N/A
-
Senior Delivery Consultant Emerging Technologies The Senior Delivery Consultant will work on pure retained executive search mandates in the emerging technology sector. The Senior Delivery Consultant will work closely with the practice lead to complete research and deliver the assignment to completion. This is a senior role with both client and candidate contact, although you will not have a fee generation target. A generous commission structure will exist linked to the successful delivery of assignments. Come and work for a business where the client is retained and you can focus 100% of your time and efforts headhunting the best talent out there in the market! Ref: AMSDC Salary: Dependant on Experience Location: Beckenham
-
- SOC Manager / Threat Hunting Service Lead, Cyber
- Bracknell
- £85,000 +
-
REFCH7713 SOC Manager / Threat Hunting Service Lead, Cyber £85,000 + Bracknell SOC Manager / Threat Hunting service Lead needed- must be commutable to the Reading / Bracknell area. We are looking for a SOC Manager / Threat Hunting Service Lead to aid in building out a new SOC / Threat hunting (IR) service offering. An in-depth technical background is essential, experience across SOC SIEM/ Threat Hunting (IR) tools, processes, techniques, operational is a MUST. The role will include, but not limited to; Establishing the technical process, building operational capability, managing and hiring team, creation of policy/playbooks, fine turning of the go-to-market collateral etc. Apply today for more information or contact me directly on Chris.Holt@dclsearch.com or 07884666351 Cyber Security Jobs, Information Security Jobs, SOC Manager Jobs, SOC Jobs