back to article OVH drops IPO target against figure mooted a month ago

OVHcloud, the French cloud services provider, has trimmed roughly €50m off its IPO target as it seeks a capital injection from the financial markets. The company, which saw fire engulf its Strasbourg operations on 10 March, has said it plans to raise €350m (around $406m) in its stock market debut, down from the "€400m" figure …

  1. Anonymous Coward
    Anonymous Coward

    resilience plan

    "The plan, named "Hyper Resilience", relies on a combinations of a revamped approach to internal backups, external customer back-ups and a new policy of fail-over between three data centres per region."

    Doesn't mention Innergen at all, then ? Ooops. Too expensive for OVH, maybe ?

    "Thankfully, no one was hurt."

    Yep, and that was out of sheer luck. Apparently, no-one had to perform any DC work that night, otherwise they would have died.

    1. MiguelC Silver badge

      Re: "Apparently, no-one had to perform any DC work that night, otherwise they would have died."

      Or that might have caught the fire starting and alert the fire service earlier, leading to less damage...

      1. Anonymous Coward
        Anonymous Coward

        "Or that might have caught the fire starting and alert the fire service earlier, leading to less damage..."

        That's not what the french press is saying.

        There was fire detectors, and they triggered and the 2 security blokes came, presumably with portable extinguishers. They just couldn't kill the fire, and called the fire service after.

        So, the fire brigade came quite quickly, but if no Innergen, and plenty of wooden floor, you're pretty much fucked.

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