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August & Debouzy acts as counsel to Orange and Thales within the framework of the creation of Cloudwatt, a cloud computing infrastructure company

Article | 25/09/12 | Julien Aucomte Gilles August Renaud Christol

August & Debouzy advised Orange and Thales within the framework of the creation of Cloudwatt, a cloud computing infrastructure company, alongside Caisse des dépôts et consignations, manager of a national Fund for Numérique (“Investments for the Future” Program), advised by Gille Loyrette Nouel.

Cloudwatt benefits from a total equity financing of €225 million. Capital is allocated as follows: 66.6% to industrial partners (Orange 44.4%, Thales 22.2%) and 33.3% to Caisse des Dépôts which acts in its own name and on behalf of the State within the framework of the “Investments for the Future” Program.

August & Debouzy and Gide Loyrette Nouel’s teams assisted Orange, Thales and Caisse des dépôts et consignations during all stages of the project in the creation, structuring and development of said project.

 

Counsels: Gilles August and Julien Aucomte (partners), Sibylle Natcheva (counsel) and Benoit Robert for corporate law aspects, Renaud Christol (counsel) for competition law aspects.


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