Orange: acquires 100% of the capital of Basefarm Holding
(CercleFinance.com) - The Group announces the acquisition of 100% of the capital of Basefarm Holding for 350 million euros enterprise value.
Basefarm is a major European player in cloud-based infrastructure and services, critical application management and data analysis.
The company has brought in revenues of more than 100 million euros in 2017 with a very strong growth of turnover since 2015. Basefarm operates in several European companies, in particular Norway, Sweden, the Netherlands, Austria and Germany.
The operation could be realised over the course of the third quarter of 2018 once the antitrust authority concerned has approved it.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
Basefarm is a major European player in cloud-based infrastructure and services, critical application management and data analysis.
The company has brought in revenues of more than 100 million euros in 2017 with a very strong growth of turnover since 2015. Basefarm operates in several European companies, in particular Norway, Sweden, the Netherlands, Austria and Germany.
The operation could be realised over the course of the third quarter of 2018 once the antitrust authority concerned has approved it.
Copyright (c) 2018 CercleFinance.com. All rights reserved.