Press release
Paris, 20 March 2015
Orange acquires the totality of Cloudwatt
The shareholders of Cloudwatt have finalized an agreement leading to the acquisition by Orange of all remaining shares of Cloudwatt. Through this agreement, Orange is acquiring the shares held by Thales (22.2%) and Caisse des Dépôts (33.3%), which acts on its own behalf and on that of the State in the "Investment for the Future" program, and will integrate all of Cloudwatt's employees.
By acquiring Cloudwatt, Orange will strengthen its enterprise cloud services offering - a major focus of its "Essentials2020" strategic plan. The technologies and services offered by Cloudwatt complement Orange's own portfolio and represent an opportunity to accelerate the deployment of a sovereign public cloud both in France and in Europe.
About Orange
Orange is one of the world's leading telecommunications operators with sales of 39 billion euros in 2014 and has 156,000 employees worldwide at December 31, 2014, including 99,400 employees in France. Present in 29 countries, the Group served 244 million customers worldwide as of December 31, 2014, including 185 million mobile customers and 16 million broadband internet customers. Under the Orange Business Services brand, Orange is also one of the world leaders in providing telecommunication services to multinational companies.
Orange is listed on NYSE Euronext Paris (ORA) and on the New York Stock Exchange (ORAN).
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Orange and any other Orange product or service cited in this press release are trademarks held by Orange or Orange Brand Services Limited.
Press contacts: +33 1 44 44 93 93
Sylvie Duho, sylvie.duho@orange.com Tom Wright, tom.wright@orange.com
Mathilde Kimmerlin, mathilde.kimmerlin@orange.com
