A1 digital acquires Swiss Cloud provider Exoscale
Via Telekom Austria Group
Sep 6, 2017
Vienna, 30 August 2017
A1 digital international GmbH, a subsidiary of the Telekom Austria Group, recently acquired a majority stake in the Swiss cloud provider Exoscale and thus also the shares held by Swisscom Ventures and the Anaroll Holding. Exoscale provides infrastructure and services for cloud applications in Europe. Following the takeover of the Swiss company Exoscale, A1 digital will be able to offer cloud-based services over this platform in future. Renowned companies such as Swisscom, CERN and the fintech start-up Bity are already using this solution successfully. With cloud services such as Infrastructure-as-a-Service (IaaS) companies can avail themselves of flexible and scalable IT infrastructure, computing power, network capacity and storage. This eliminates overprovisioning and a sudden need for infrastructure can be covered easily with flexible pay-as-you-go pricing for customers.
A1 digital, which was founded in 2017, already has a presence in 7 countries and benefits from strong sales power in all regions. Elisabetta Castiglioni, CEO of A1 digital said,
"For data-protection reasons, an increasing number of companies prefer domestic cloud providers. With the takeover of Exoscale, A1 digital is strategically positioned as a strong regional player operating under EU law. We will open an Exoscale access point in Vienna this summer, a further location in Germany will follow. This marks a key step in the expansion of our portfolio."
Exoscale co-founder and CEO Antoine Coetsier said,
"We are delighted that Exoscale can now expand its current Swiss position and offer a genuine alternative to US-regulated solutions for the European market. A1 digital also shares our vision to combine purely cloud-hosting solutions with value-added services".
Stefan Kuentz, Investment Director at Swisscom Ventures, Swisscom's venture capital arm, comments:
"We have been very pleased by Exoscale's market execution and customer growth since our investment in 2015. To support the company's international expansion journey, we are glad to have found A1 Digital as the new majority owner and partner that has the reach to unlock multiple new markets"
About A1 digital
A1 Digital International GmbH is 100% owned by Telekom Austria Group. A set of innovative, standardized and scalable Cloud and IoT services qualify A1 Digital as partner of choice for digital midmarket projects. The target market is Europe and it includes CEE countries where Telekom Austria Group is already active as well as additional Western European markets, above and foremost Germany. With several years of relevant experience in the field of IoT and one of the leading datacenters in Austria, A1 Digital is well set to support its customers with best of breed solutions.
Exoscale provides cloud hosting enabling teams and individuals to host applications, automate infrastructure, store data safely, and run heavy computations. Exoscale customers range from many SaaS companies to scientific labs, financial institutions, and other large-scale organisations. With virtual machines, object storage, advanced network functionality, and GPU-backed instances in addition to the highest level of data privacy, Exoscale is the right choice for security-conscious users worldwide. Exoscale is headquartered in Switzerland and operates datacenters in Geneva, Zurich and other European cities.
About Swisscom Ventures
Swisscom Ventures is the venture capital arm of Swisscom AG, the leading telecommunications and IT provider in Switzerland. Since our inception in 2007, we have invested in over 35 IT, digital media and telecommunication companies from our offices in Switzerland (Zurich and Lausanne) and the USA (Silicon Valley). As a strategic investor, we offer entrepreneurs access to our technical infrastructure and market channels in addition to financial support.
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