Founded in 1999 by Octave Klaba, the company has been a privately held company for many years.
Previous report by JDD When the IPO is announced, OVHcloud has revealed that it could be worth billions of euros.
Tech Radar Pro Contacted OVHcloud to check the news, but the cloud company hasn’t responded yet.
In September 2020, the IPO of OVHcloud was revealed and the company will make an official announcement in early 2021.
However, a fire broke out on the Strasbourg data center campus in March 2021 and the company faced a setback.
In the same month, OVHcloud reportedly chose three banks to manage flotation on the French stock market.
OVHcloud has not disclosed the names of its IPO advisors or official financial figures.
Sources told Reuters that Klaba and its families will hold a majority stake in the company.
Elsewhere, in April of this year, OVHcloud announced two new ranges of availability. Bare metal server..
Designed in partnership with multiple hardware manufacturers, OVHcloud Scale and High-Grade servers automate and scale resource allocation to provide a hosting solution with the ability to meet the demands of complex, resource-intensive tasks. I will.
https://www.techradar.com/news/ovhcloud-begins-journey-to-go-public-with-potential-ipo/ OVHcloud embarks on an initial public offering with potential IPO