Claranet has extended its reach into the French hosting market with the acquisition of Diademys, significantly expanding the company’s size and influence in the country.
Diademys is based in Suresnes and Caen and has an annual turnover of 26m euros, employs 120 staff and works with 200 clients from a range of sectors.
Diademys represents the latest in a wave of acquisitions made by the company across Europe over the past 18 months.
The Group's annual revenues now stand at £192 million, employing more than 1,100 staff and working with 5,500 customers in the UK, France, Germany, Spain, Portugal and the Netherlands.
Diademys' CEO Fabrice Tetu said: "We are backing Claranet for a number of reasons. The company has an aggressive and innovative strategy and wide presence across Europe, but, critically, it has retained its independence and is able to be agile in the face of changing market conditions.
"Claranet's ethos matches that of our own and becoming part of the Claranet Group will bring significant opportunities for both our employees and customers."
Olivier Beaudet, CEO of Claranet France, added: "The acquisition is a real opportunity for Claranet to strengthen its position in the French hosting market.
"We now have nearly 400 employees in France, a turnover of 76m euros, and one of the broadest hosting portfolios in the country."