Orange Acquires Basefarm to Boost European Cloud Services

GlobalDots
1 Min read

Orange has taken a huge step in the business cloud market, acquiring cloud infrastructure and critical application services firm Basefarm to help grow its Orange Business Services division.

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While Orange is a strong cloud player in France, it’s looking to diversify the services it provides across Europe, strengthening its hold on the cloud sector.

Basefarm already has a strong presence within Europe, particularly Norway, Sweden, the Netherlands, Austria and Germany, where it offers a range of cloud-based infrastructure and services, management of critical applications and analytics to help businesses get more insight from their usage data.

The deal is worth €350 million (£310 million) and is due to complete in the third quarter of this year.

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