Data Center News

Read Strasbourg fire could cost OVHcloud €105 million ($122m)
Strasbourg fire could cost OVHcloud €105 million ($122m)

Strasbourg fire could cost OVHcloud €105 million ($122m)

October 01, 2021 OVH Group

OVHcloud could be seeing up to €105 million ($122m) leave its coffers because of the fire that destroyed its Strasbourg data center in March. The document the firm filed with a French financial authority is responsible for revealing this. Although insurance has covered most of the cost of the...

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Read OVHcloud plans to raise €400 million ($469m) in new IPO
OVHcloud plans to raise €400 million ($469m) in new IPO

OVHcloud plans to raise €400 million ($469m) in new IPO

September 22, 2021 OVH Group

According to the Wall Street Journal, French data center and cloud services provider OVHcloud plans to raise €400 million ($469m) in an IPO in Paris, France. According to the reports from WSJ, the listing could see the Company’s value rise to over $4.7 billion. OVHcloud was founded in 1999 as OVH...

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Read OVHcloud to go public by end of 2021
OVHcloud to go public by end of 2021

OVHcloud to go public by end of 2021

June 16, 2021 OVH Group

OVHcloud has officially confirmed that it would be going public on the Euronext stock exchange. Although OVHcloud hasn’t confirmed the date, but it will happen before the year runs out. Also, it did not say how much it expects to raise through the IPO, but it said the founder’s family, Octave...

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