Gigas acquires Valoradata's cloud backup unit for EUR 2.3 mln

Tuesday 13 April 2021 | 09:07 CET | News
Spanish cloud hosting company Gigas has announced the acquisition of Valoradata's backup and disaster recovery unit for a total of EUR 2.3 million in cash. The unit manages the backup of servers and workstations, both in the cloud as well as for on-premise hybrid backup structures, and the acquisition will serve to increase the client portfolio of Gigas by around 300 companies, the majority medium sized. Gigas' technical and sales team will also grow thanks to the incorporation of 14 backup and business continuity professionals.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Fixed
Companies: Gigas
Countries: Spain
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Gigas buys Spanish MVNO Onmovil for EUR 9.1 million

Published 06 Sep 2021 11:18 CET | Spain
Spanish cloud hosting company Gigas announced the acquisition of local MVNO Onmovil for EUR 9.1 million. The company said ...

Spain's Gigas triples Q1 revenues to EUR 9.3 mln

Published 24 May 2021 12:07 CET | Spain
Business-focused Spanish telecommunications company Gigas said it more than tripled its revenues and EBITDA in the first quarter ...

Oni takeover by Gigas cleared by competition authority

Published 25 Jan 2021 12:31 CET | Portugal
Portugal's Competition Authority has given its green light to the purchase of Winreason by Spanish company Gigas. Winreason is ...

Gigas buys portfolio of 3,000 business customers from MasMovil for EUR 9 million

Published 31 Dec 2020 13:31 CET | Spain
Cloud hosting company Gigas has agreed to acquire a portfolio of 3,000 business telecom customers from Spanish provider MasMovil ...

MasMovil becomes sole shareholder of Nowo, eyes 5G auction

Published 10 Nov 2020 08:38 CET | Portugal
Spanish operator MasMovil has become the sole shareholder of Portuguese cable TV operator Nowo, reports Jornal de Negocios. The ...