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IT

Orange completes acquisition of Basefarm

Tuesday 14 August 2018 | 10:46 CET | News
Orange has successfully closed the acquisition of Basefarm through its subsidiary Orange Business Services (OBS), after receiving approval from the relevant competition authorities. The group announced in July that it planned to acquire 100 percent of the capital of Basefarm for an enterprise value of EUR 350 million, saying that the deal would extend its geographical reach in the public and private cloud market, particularly in the field of Big Data and critical application management services.

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Categories: Fixed / IT
Companies: Orange / Orange Business Services
Countries: Europe
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