OVHcloud submits antitrust complaint on Microsoft’s EU cloud services

Antitrust

OVHcloud, a French cloud computing company, has filed an antitrust complaint against Microsoft to the EU’s top competition regulator, the European Commission.

The complaint, first reported on by the Wall Street Journal, focuses on Microsoft’s licencing of its products, such as its Office software suite. It was filed last summer but has only recently come to light.

OVHcloud says this licencing makes it more expensive to use cloud services that compete with Microsoft...

France unveils €1.8 billion fund for nation’s cloud sector

France, Paris

France has announced a €1.8 billion (£1.53bn) support plan for the nation’s cloud computing sector to keep the country competitive on a global scale.

The plan is divided into a €667 million care package for public financing, a €444 million boost to European Union financing, and a €680 million stimulus for private co-financing.

Thus far, 23 research and development projects have already been selected, making up €421 million of the public financing...

Cloud computing firm OVHcloud experiences network outage ahead of IPO

Octave Klaba

French cloud computing company, OVHcloud, has experienced a network outage on October 13, just two days before it was due to launch one of the country’s largest initial public offerings of 2021.

The firm’s founder and chairman, Octave Klaba, said the downtime was caused by "human error" while one of its US-based datacentres was being reconfigured.

He said: "A wrong configuration of the router caused the network to fail," adding that OVHcloud was able to restore the...

OVHcloud seeking €400m in Euronext IPO before year’s end

Data Centre

Cloud storage provider OVHcloud is looking to raise €400 million (£343m) in a Paris IPO that would bring its valuation close to €4 billion.

The French firm will be listed on the Euronext stock exchange by the end of 2021.

OVHcloud needs the IPO to finance its competition with major cloud providers like Amazon Web Services and Microsoft Azure.

This is especially the case in the European cloud market, which is expected to grow even faster than the already...