OVHcloud on the edge of glory in new market with Germany acquisition

French cloud provider enters the edge computing market

OVHcloud announced it is in exclusive negotiations for the full acquisition of German software provider gridscale.

The Paris-based cloud group said the buy marks another important milestone by enabling it to significantly accelerate its geographical deployment, and to enter the emerging edge computing market.

Specialising in hyperconverged infrastructure, gridscale offers a range of multi-tenant IaaS and PaaS products and services.

The company's main presence is in Germany, Austria, Switzerland, and the Netherlands.

gridscale claims it can rapidly deploy a public cloud environment on a limited infrastructure, giving it a significant competitive advantage.

Associated with OVHcloud's solutions portfolio, this will allow the group to grow in the public cloud market in a more agile and flexible way while having better control of investments.

"We are impressed by the solutions developed by the gridscale teams, which we will be delighted to integrate into OVHcloud," said OVHcloud CEO Michel Paulin.

"Our solutions and know-how are highly compatible and very complementary. The combination of our different technologies will allow us to accelerate our deployment of edge computing solutions and our geographic expansion while optimising our capital allocation."

How does the acquisition help OVHcloud?

The acquisitive French firm claims the addition of gridscale helps its growth strategy in the edge computing market.

This model of infrastructure close to users is particularly suitable for use cases requiring low latency, as well as those needing to comply with regulatory requirements in sectors such as healthcare, financial services and government, OVHcloud said.

The new deal also expands on-premises cloud services by deploying OVHcloud products on customers' infrastructures.

OVHcloud added it plans to open "many new" public cloud regions by 2026, in colocation datacentres, with limited investments and in line with revenue growth.

Henrik Hasenkamp, founder, and CEO of gridscale, added: "Joining OVHcloud is a great opportunity for gridscale.

"Their know-how and global footprint will enable us to deploy and enrich our products, at scale, quickly and in accordance with our shared values.

"We look forward, along with the entire team, to getting to work with the OVHcloud teams and our ambitions are reinforced thanks to this trajectory now in common."

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