Orange, Thales announce Cloudwatt cloud computing venture

Friday 7 September 2012 | 09:16 CET | News
Orange France, Thales and Caisse des Depots have obtained the necessary regulatory authorisations to enter into the operational phase of their cloud computing joint venture, previously code-named Andromede and now named Cloudwatt. The partners have appointed as CEO Patrick Starck, formerly a top executive at HP, Compaq and CA Technologies. Cloudwatt is 44 percent owned by Orange, 22.2 percent by Thales and 33.3 percent by Caisse des Depots, on behalf of the French state, under the Future Investments Programme. It has EUR 225 million of total funds. Cloudwatt, which will unveil its strategy,

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Categories: IT
Companies: Orange / Orange Business France / Thales
Countries: Europe / France
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