Orange Completes Acquisition of Basefarm Holding to Support Its Cloud Computing Strategy in the Enterprise Sector
August 14 2018 - 3:30AM
Business Wire
- Competition authorities approve
acquisition of 100% of Basefarm Holding SA by Orange through
enterprise subsidiary Orange Business Services
- By acquiring Basefarm Holding,
Orange becomes a European leader in the cloud computing services
market
Orange today announced that it has completed the acquisition of
100% of Basefarm through its enterprise subsidiary Orange Business
Services following the approbation of the relevant competition
authorities.
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the full release here:
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Basefarm is a leading European player in cloud-based
infrastructure and services, as well as the management of critical
applications and data analysis. The company, which recorded
revenues of over 100 million euros in 2017, has enjoyed steady
growth since its creation. Basefarm has a strong operational
presence in several European countries, particularly in Norway,
Sweden, the Netherlands, Austria and in Germany, where it boasts a
cutting-edge big data activity with its subsidiary The unbelievable
Machine Company. Its business proposition lies at the forefront of
innovative services in cloud computing, Big Data and Artificial
Intelligence, thanks to the widely-recognized expertise of its 550
employees for maximum customer satisfaction.
This acquisition will complement Orange Business Services’
existing catalogue of offers and will reinforce its strategic
position by bringing a new source of expertise and innovative
technologies, particularly in data management, the management of
critical applications, Big Data and multi-cloud services. By
joining forces with Orange Business Services, Basefarm will gain a
unique opportunity to accelerate growth in public, private and
multi–cloud services while benefitting from access to Orange’s
global networks and infrastructure.
About OrangeOrange is one of the world’s leading
telecommunications operators with sales of 41 billion euros in 2017
and 149,000 employees worldwide at 30 June 2018, including 91,000
employees in France. The Group has a total customer base of 260
million customers worldwide at 30 June 2018, including 199 million
mobile customers and 20 million fixed broadband customers. The
Group is present in 28 countries. Orange is also a leading provider
of global IT and telecommunication services to multinational
companies, under the brand Orange Business Services. In March 2015,
the Group presented its new strategic plan “Essentials2020” which
places customer experience at the heart of its strategy with the
aim of allowing them to benefit fully from the digital universe and
the power of its new generation networks.Orange is listed on
Euronext Paris (symbol ORA) and on the New York Stock Exchange
(symbol ORAN).For more information on the internet and on your
mobile: www.orange.com, www.orange-business.com or to follow us on
Twitter: @OrangeGroupPR.Orange and any other Orange product or
service names included in this material are trademarks of Orange or
Orange Brand Services Limited.
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version on businesswire.com: https://www.businesswire.com/news/home/20180814005254/en/
Press contacts:Orange:Olivier Emberger;
olivier.emberger@orange.comNathalie Chevrier;
nathalie.chevrier@orange.com+ 33 (0)1 44 44 93 93orOrange
Business Services:Marie-Charlotte Hue, +33 (0)1 55 54 60
02mariecharlotte.hue@orange.com
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