Swisscom had been a customer of Exoscale and Stefan Kuentz, investment director at Swisscom Ventures, said: "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"
A1 Digital International, a subsidiary of the Telekom Austria Group, has acquired a majority stake in Switzerland-based cloud services provider Exoscale by buying shares held by Swisscom Ventures, the corporate venturing subsidiary of local telecommunications firm Swisscom, and Anaroll Holding.
Swisscom had been a customer of Exoscale and Stefan Kuentz, investment director at Swisscom Ventures, said: “We have been very pleased by Exoscale’s market execution and customer growth since our investment [of undisclosed amount] in 2015. To support the company’s…
