Data Center News

Irideos is expanding its Avalon campus in 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 ...

October 01, 2021

Milan

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

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