France-based telecommunications giant Orange bolstered its cloud operations in Northern Europe by acquiring Basefarm Holdings. In a $410 million deal, Orange’s Business Services operations is purchasing the company from Basefarm’s lead investor Abry Partners.
The deal will add data management, big data, and multi-cloud support to Orange Business Services. It also expands its footprint across Europe. Orange noted its Business Services operation is growing by 15 percent to 20 percent each year.
Basefarm controls cloud operations in Norway, Sweden, the Netherlands, Austria, and Germany. The last two were picked up through its acquisition last June of big data, cloud, and managed cloud services provider The Unbelievable Machine Company. Basefarm reported $117 million in revenues last year and counts around 500 employees.
Orange’s cloud expansion in Europe comes as a number of large cloud providers have targeted the region.
Microsoft last month announced plans to open two new data center regions in Norway.
Bloomberg reported earlier this month that Alibaba was in talks with England-based BT Group to expand operations in Europe. Alibaba struck a deal in 2016 with Vodafone Group for a cloud partnership in Germany.
A recent Synergy Research Group report ranked Amazon Web Services (AWS) as the largest pubic cloud provider in the Europe, Middle East, and Africa region during the first quarter of this year. Microsoft was ranked No. 2, followed by Google, IBM, and Salesforce.
Orange N.A. Footprint
Orange Business Services earlier this year opened up its first U.S. security operations center (SOC) and a data center in Atlanta. The cloud facility offers private, public, and hybrid cloud environments to manage client applications locally within the U.S.