Data Center News

Read Irideos is expanding its Avalon campus in Milan
Irideos is expanding its Avalon campus in Milan

Irideos is expanding its Avalon campus in Milan

October 01, 2021 Milan

Italian data center company Irideos has begun work on a new data center at its Avalon campus in the city of Milan. The new facility named Avalon 3 will have space for 500 racks across 37,700 square feet (3,500 square meters). It will also have 3.2MW of capacity. Irideos is building the new data...

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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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