Market Overview

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

  • Competition authorities approve acquisition of 100% of Basefarm
    Holding SA by Orange through enterprise subsidiary Orange Business
  • By acquiring Basefarm Holding, Orange becomes a European leader in
    the cloud computing services market

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:

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
strong operational presence in several European countries, particularly
in Norway, Sweden, the Netherlands, Austria and in Germany, where it
boasts a cutting-edge big data activity with its subsidiary The
unbelievable Machine Company. Its business proposition lies at the
forefront of innovative services in cloud computing, Big Data and
Artificial Intelligence, thanks to the widely-recognized expertise of
its 550 employees for maximum customer satisfaction.

This acquisition will complement Orange Business Services' existing
catalogue of offers and will reinforce its strategic position by
bringing a new source of expertise and innovative technologies,
particularly in data management, the management of critical
applications, Big Data and multi-cloud services. By joining forces with
Orange Business Services, Basefarm will gain a unique opportunity to
accelerate growth in public, private and multi–cloud services while
benefitting from access to Orange's global networks and infrastructure.

About Orange
Orange is one of the world's leading
telecommunications operators with sales of 41 billion euros in 2017 and
149,000 employees worldwide at 30 June 2018, including 91,000 employees
in France. The Group has a total customer base of 260 million customers
worldwide at 30 June 2018, including 199 million mobile customers and 20
million fixed broadband customers. The Group is present in 28 countries.
Orange is also a leading provider of global IT and telecommunication
services to multinational companies, under the brand Orange Business
Services. In March 2015, the Group presented its new strategic plan
"Essentials2020" which places customer experience at the heart of its
strategy with the aim of allowing them to benefit fully from the digital
universe and the power of its new generation networks.
Orange is
listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange
(symbol ORAN).
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and any other Orange product or service names included in this material
are trademarks of Orange or Orange Brand Services Limited.

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