VEON’s Kyivstar Acquires GigaCloud, Expanding Cloud Services for Ukrainian Businesses
Kyivstar (Nasdaq: KYIV), VEON's Ukrainian digital operator, is acquiring GigaCloud, one of Ukraine's leading cloud infrastructure providers, in a deal valued at up to $50 million. GigaCloud serves more than 1,800 enterprise customers and operates five data centers across Ukraine and Poland; it will become a Kyivstar subsidiary after closing.
Key figures
- Deal Value Usd
- 50000000
- Gigacloud data centers
- five data centers in Ukraine and Poland across three availability zones
- Gigacloud enterprise customers
- more than 1,800
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