M&A Deal Summary

Alpha 3 Cloud Acquires CloudSigma AG - USA Assets

On June 29, 2022, Alpha 3 Cloud acquired information technology company CloudSigma AG - USA Assets from CloudSigma

Acquisition Highlights
  • This is Alpha 3 Cloud’s 1st transaction in the Information Technology sector.
  • This is Alpha 3 Cloud’s 1st transaction in the United States.
  • This is Alpha 3 Cloud’s 1st transaction in California.

M&A Deal Summary

Date 2022-06-29
Target CloudSigma AG - USA Assets
Sector Information Technology
Buyer(s) Alpha 3 Cloud
Sellers(s) CloudSigma
Deal Type Divestiture

Target

CloudSigma AG - USA Assets

Palo Alto, California, United States
CloudSigma's USA Assets provides comprise cloud operations and infrastructure services located in Northern VA, and Silicon Valley.

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Buyer(S) 1

Buyer

Alpha 3 Cloud

Sterling, Virginia, United States

Category Company
Sector Information Technology
DESCRIPTION

Alpha 3 Cloud is a division of Provdotnet LLC that delivers hybrid cloud, IaaS, and PaaS solutions designed for secure, compliant data operations. The company helps leading organizations comply with strict data privacy regulations, protect their most sensitive data, control costs and minimize vendor lock-in while enabling a range of emerging use cases like blockchain, machine learning/artificial intelligence, and multi-party computing initiatives. Its confidential computing cloud and enterprise- feature the latest HPE Gen10+ with Intel SGX secure hardware and an OPEX billing model. These solutions support hybrid, private and multi-cloud capabilities while providing superior security, performance, predictability, and control. Alpha 3 Cloud is based in Sterling, Virginia.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

CloudSigma

Zug, Switzerland

Category Company
Founded 2009
Sector Information Technology
DESCRIPTION

CloudSigma is an infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) provider that’s enabling the digital industrial economy through its highly-available, flexible, enterprise-class hybrid cloud servers and cloud hosting solutions in Europe, the U.S., Asia, and Australia. The company gives customers full control over their cloud and eliminates restrictions on how users deploy their computing resources. With CloudSigma, customers can provision processing, storage, networks ,and other fundamental computing resources as they please, as well as easily deploy any compatible operating system or application with full root/administrative access. Its PaaS solution offers a next-generation container-based cloud platform with certified runtimes for Java, PHP, Ruby, Python, .NET, Node.js, and Go. CloudSigma's PaaS platform enables the provision of fully managed, scalable environments for Kubernetes and Docker environments in minutes. You can also build and deploy scalable microservices quickly and effortlessly. CloudSigma was formed in 2009 and is based in Zug, Switzerland.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1