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Italy's Irideos closes acquisition of Clouditalia

Monday 10 December 2018 | 09:14 CET | News
Irideos, the new ICT company launched by Italian infrastructure fund F2i and pan-European equity fund Marguerite, has concluded the acquisition of 100 percent of communication and cloud services provider Clouditalia from Minacom shortly after the deal was cleared by Italy's antitrust authority AGCM. Clouditalia owns three data centers in Rome, Milan and Arezzo as well as the MVNO Noitel and a total of 15,000 kilometers of fibre-optic cable, doubling the total now owned by Irideos. The financial details of the transaction weren't disclosed but an unnamed source close cited by Reuters said the

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Categories: Fixed
Companies: Clouditalia / Infracom / Irideos / KPNQwest
Countries: Italy
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