Data Center News

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

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 ...

September 22, 2021

OVH Group

OVHcloud to go public by end of 2021

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...

June 16, 2021

OVH Group

UK Brent Council plans to upgrade data center with £3.8 million ($5.3 million)

Brent Council, a governing body of a borough of London, just revealed its plan to spend £3.8 million ($5.3 million) to upgrade data centers over the next four years. The council says it is part of its plan to create a modern and robust IT system. The upgrades involve upgrading physical storage...

June 15, 2021

London

Alibaba Cloud to launch London region

China’s favorite e-commerce giant Alibaba is planning the launch of a cloud region in London, two years after entering the European market with a data center in Frankfurt. The move was not highly publicized; the company merely updated its website to advertise the future availability zones in t...

October 02, 2018

London

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