Orange today said it acquired additional stake in Cloudwatt.
Orange is acquiring the 22.2 percent stake from Thales and 33.3 percent from Caisse des Depots. It will integrate all of Cloudwatt’s employees.
By acquiring Cloudwatt, Orange will strengthen its enterprise cloud services offering – a major focus of its Essentials2020 strategic plan.
The technologies and services offered by Cloudwatt complement Orange’s portfolio and represent an opportunity to accelerate the deployment of a sovereign public cloud both in France and in Europe.
editor@telecomlead.com
