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The Wall Street Publication > Blog > Markets > Europe’s OVHcloud Readies Possible $4.7 Billion IPO
Markets

Europe’s OVHcloud Readies Possible $4.7 Billion IPO

Editorial Board Published September 20, 2021
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Europe’s OVHcloud Readies Possible .7 Billion IPO
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European cloud-services provider OVHcloud plans to launch a possible initial public offering, the company said Monday, a deal that could value the business at more than $4.7 billion.

Based in Roubaix, France, OVHcloud rents computing, storage and networking capability to users, overseeing a network of dozens of data centers across North America, Europe, Singapore and Australia. It also operates its own fiber-optic network globally that the company claims gives it a competitive edge.

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