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France’s OVHcloud Paris debut ends with 6.5% gain and $4.3bn market cap

Europe’s largest cloud provider OVH Groupe (OVHcloud) (EPA: OVH) has debuted on the Euronext Paris stock exchange in what is one of the largest French IPOs of the year as investors continue to back tech businesses. With an offering price of €18.50 (US$21.46) per share, the company’s market value reached approximately €3.5 billion ($4.06 billion) at the start of trad...

October 15

Interxion planning $1.1bn Paris data centre campus investment

The French capital region is rapidly gaining momentum amongst the FLAP-D major metros as more data centre investment lines up. Digital Realty’s (NYSE: DLR) Interxion is polishing up plans to build a 15-hectare data centre campus in an investment set to reach €1 billion (US$1.16 billion). Located in Les Ulis/Villejuste, under 25Km away from the Eiffel Tower, data cent...

October 14

Google Cloud chief Thomas Kurian announces French sovereign hyperscale cloud

Google Cloud has entered into a strategic agreement with French defence company Thales (Euronext Paris: HO) to co-develop a sovereign hyperscale cloud offering for France which will include the construction of new infrastructure to support the service. Aimed at French companies and public sector, the state-vetted cloud computing services platform set to become operational i...

October 07

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