“We are now ready to accelerate our growth”, say in chorus the two strong men of OVHcloud, Octave Klaba, the founder and president, and Michel Paulin, the managing director. Twenty-two years after its creation, OVH, the hexagonal flagship of online data hosting (the “cloud”) and the very first French “unicorn” (valued at over a billion dollars), will be introduced on the Paris Bourse.

A capital increase will be carried out for a maximum amount of 400 million euros raised, which will allow OVH to “Strengthen its position as a European champion”, “invest in the commercial offer” and “Continue the group’s expansion in America and Asia”. The Klaba family will remain the majority shareholder of the group (79% of the voting rights), and their fortune could soar (Octave Klaba is the 32e Richest French). In total, OVHcloud could be valued up to 4 billion euros, estimates the “Wall Street Journal”.
To better understand the success of this rival of Amazon and Microsoft, based on a criticized “artisan-industrial” model, “L’Obs” offers a plunge into the heart of the OVH equation.

OVHcloud, the king of servers

The thousand chimneys no longer smoke for a long time. And Roubaix, “world capital of textiles” until the 1970s, retains the scars of industrial relocations: the city of the North comes behind Grigny and Aubervilliers in the ranking of the poorest municipalities in metropolitan France and 31%

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