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Stock impact report

Orange Completes Acquisition of Basefarm Holding to Support Its Cloud Computing Strategy in the Enterprise Sector

Orange (ORAN) 
Company Research Source: Business Wire
Competition authorities approve acquisition of 100% of Basefarm Holding SA by Orange through enterprise subsidiary Orange Business Services By acquiring Basefarm Holding, Orange becomes a European leader in the cloud computing services market PARIS--(BUSINESS WIRE)-- Orange today announced that it has completed the acquisition of 100% of Basefarm through its enterprise subsidiary Orange Business Services following the approbation of the relevant competition authorities. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180814005254/en/ Basefarm is a leading European player in cloud-based infrastructure and services, as well as the management of critical applications and data analysis. The company, which recorded revenues of over 100 million euros in 2017, has enjoyed steady growth since its creation. Basefarm has a Show less Read more
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