OVHcloud Paris Office

 This announcement is not an offer for sale of OVHcloud shares in the United States or in any other jurisdiction and it may not be distributed, directly or indirectly, in the United States, Canada, Japan or Australia. 

OVHcloud prepares for IPO to accelerate its growth


  • As the leading European cloud provider, OVHcloud is well positioned to capitalize on the hypergrowth cloud market
  • OVHcloud intends to strengthen its position as the trusted European cloud champion and continue to meet the growing demand for sovereign and trusted cloud solutions
  • OVHcloud plans to be listed on Euronext Paris


Roubaix, June 14, 2021 – OVHcloud, the leading European cloud provider with a global footprint, is preparing for an initial public offering (IPO) on Euronext Paris with a goal of accelerating its growth.

Founded by Octave Klaba in 1999 and led by its CEO Michel Paulin, OVHcloud provides 1.6 million SMB, large and tech enterprises, as well as the public sector in over 140 countries with a comprehensive suite of solutions covering private, public and web cloud, leveraging its global network of over 30 data centers, hosting 400,000 servers across 4 continents.

Since its inception, OVHcloud operates a vertically integrated model, providing full control over the value chain and allowing it to combine market-leading performance, price predictability, full flexibility and scalability. With its original strategy to design and manufacture its own servers, OVHcloud is a pioneer in sustainable cloud, with a steady track-record of innovation in eco-friendly technology.


Leveraging European values in a hypergrowth market

Building on more than 20 years of operational and commercial success, OVHcloud is preparing for a new stage of growth acceleration in a large and rapidly expanding addressable cloud market driven by a profound and structural digital transformation of all human activities. With more than 2,400 employees, an ecosystem in excess of 350 partners, and leading R&D and innovation capabilities, OVHcloud aims to strengthen its position as the only pure-play, scaled European cloud champion, and to further expand its global footprint on other continents.

OVHcloud plans to develop innovative offerings enabling it to further address the needs of enterprise and international customers, while continuing to provide industry-leading solutions to capture the growing demand for hybrid[1] and multi-cloud[2]. OVHcloud is also strongly positioned to address the surging demand from private and public entities for secure and sovereign cloud solutions, through its open-source, reversible and interoperable offering.

Since its creation, OVHcloud has promoted a sustainable innovation strategy, with the development of environmentally responsible technologies such as patented water-based server cooling, introduced as early as 2003, or the application of circular economy practices with the reconditioning of servers. OVHcloud is committed to achieving carbon neutrality on its operations by 2025 and reaching a net zero emissions target by 2030.


Accelerating profitable growth at scale

OVHcloud has a proven track record of strong and steady profitable growth, with revenues growing at an average annual rate of over 20% in the last 10 years. In FY2020[3], OVHcloud revenues reached €632 million and current EBITDA was €255 million. OVHcloud also successfully pursued its international expansion strategy, with sales outside France representing circa. 50% of total sales in 2020.

OVHcloud is ready to kick-start a new phase of accelerated growth and has decided to prepare for the Company's IPO on Euronext Paris, subject to market conditions and obtaining the approval of the Autorité des marchés financiers of the offering documents. The Klaba family will retain a majority stake in OVHcloud following the planned IPO.

The operation should enable OVHcloud to accelerate its growth trajectory, deploy strengthened commercial services based on technological solutions tailored to additional cloud usages, and consolidate its leadership position in Europe while continuing to expand in the Americas and Asia. 


[1] Combining public and private cloud and in-house IT resources

[2] Combining multiple cloud service providers

[3] Fiscal year ending August 31, 2020, IFRS management accounts



About OVHcloud

OVHcloud is a global player and the leading European cloud provider operating 400,000 servers within over 30 data centers across 4 continents. For more than 20 years, OVHcloud has been leveraging an integrated model that provides full control of our value chain, from designing its servers to managing its data centers through to orchestrating its fiber-optic network. This unique approach enables OVHcloud to cover, independently, the full spectrum of use cases for its 1.6 million customers across 140 countries. OVHcloud now offers customers latest-generation solutions that combine high performance, predictable pricing and full data sovereignty to support their unfettered growth.


Media Contacts:


Marie Vaillaud –  Corporate Communications Manager 

+ 33 (0)6 49 32 74 02



Aurélia de Lapeyrouse +33 (0)6 21 06 40 33

Guillaume Maujean +33 (0)6 67 74 36 89





This announcement does not, and shall not, in any circumstances constitute a public offering or an invitation to the public in connection with any offer.

No communication and no information in respect of this transaction or of OVHcloud may be distributed to the public in any jurisdiction where a registration or approval is required. No steps have been or will be taken in any jurisdiction (other than France) where such steps would be required. The issuance, the subscription for or the purchase of OVHcloud’s shares may be subject to specific legal or regulatory restrictions in certain jurisdictions. OVHcloud assumes no responsibility for any violation of any such restrictions by any person.

United States. This announcement is not an offer for sale of securities in the United States or any other jurisdiction. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. OVHcloud does not intend to register any securities in the United States or to conduct a public offering of securities in the United States.

European Union. This announcement is not a prospectus within the meaning of Regulation (EU) 2017/1129 of the European Parliament and the Council of 14 June 2017 (the “Prospectus Regulation”). In France, an offer of securities to the public may only be made pursuant to a prospectus approved by the AMF. With respect to the member States of the European Economic Area (each, a “relevant member State”), other than France, no action has been undertaken or will be undertaken to make an offer to the public of the shares requiring a publication of a prospectus in any relevant member State. Consequently, the securities cannot be offered and will not be offered in any member State (other than France), except in accordance with the exemptions set out in Article 1(4) of the Prospectus Regulation, or in the other case which does not require the publication by OVHcloud of a prospectus pursuant to the Prospectus Regulation and/or applicable regulation in the member States.

This press release does not constitute an offer of the securities to the public in the United Kingdom. The distribution of this press release is not made, and has not been approved, by an authorized person (“authorized person”) within the meaning of Article 21(1) of the Financial Services and Markets Act 2000. As a consequence, this press release is directed only at persons who (i) are located outside the United Kingdom, (ii) have professional experience in matters relating to investments and fall within Article 19(5) (“investment professionals”) of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (as amended) and (iii) are persons falling within Article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (all such persons together being referred to as “Relevant Persons”). The securities of OVHcloud are directed only at Relevant Persons and no invitation, offer or agreements to subscribe, purchase or otherwise acquire the securities of OVHcloud may be proposed or made other than with Relevant Persons. Any person other than a Relevant Person may not act or rely on this document or any provision thereof. This press release is not a prospectus which has been approved by the Financial Conduct Authority or any other United Kingdom regulatory authority for the purposes of Section 85 of the Financial Services and Markets Act 2000.

The distribution of this document in certain countries may constitute a breach of applicable law. The information contained in this document does not constitute an offer of securities for sale in the United States, Canada, Japan or Australia. This press release may not be published, forwarded or distributed, directly or indirectly, in the United States, Canada, Japan or Australia.

Forward-looking statements

This announcement contains statements regarding the prospects and growth strategies of OVH Groupe (“OVHcloud”). These statements are sometimes identified by the use of the future or conditional tense, or by the use of forward-looking terms such as “considers”, “envisages”, “believes”, “aims”, “expects”, “intends”, “should”, “anticipates”, “estimates”, “thinks”, “wishes” and “might”, or, if applicable, the negative form of such terms and similar expressions or similar terminology. Such information is not historical in nature and should not be interpreted as a guarantee of future performance. Such information is based on data, assumptions, and estimates that OVHcloud considers reasonable. Such information is subject to change or modification based on uncertainties in the economic, financial, competitive or regulatory environments.

This information includes statements relating to OVHcloud’s intentions, estimates and targets with respect to its markets, strategies, growth, results of operations, financial situation and liquidity. OVHcloud’s forward-looking statements speak only as of the date of this announcement. Absent any applicable legal or regulatory requirements, OVHcloud expressly disclaims any obligation to release any updates to any forward-looking statements contained in this announcement to reflect any change in its expectations or any change in events, conditions or circumstances, on which any forward-looking statement contained in this announcement is based.

OVHcloud operates in a competitive and rapidly evolving environment; it is therefore unable to anticipate all risks, uncertainties or other factors that may affect its business, their potential impact on its business or the extent to which the occurrence of a risk or combination of risks could have significantly different results from those set out in any forward-looking statements, it being noted that such forward-looking statements do not constitute a guarantee of actual results.





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