Oxalide sold to Claranet

The French DevOps and cloud specialist joins Claranet, a leading managed IT services provider

Established in 2003 by Maxime Kurkdjian and Sébastien Lucas, Oxalide is one of the top players in the Open Source Managed Services market. The company already has a turnover of €17.5million and its team of 95 serves corporates in the e-commerce, Saas, Media industry as well as large companies.

Charles Nasser, founder and CEO of the Claranet Group, commented: “This acquisition means we have established a significant position in the managed IT services market at the European level, which we believe puts us ahead of many of our competitors in the region. This represents a significant step forward for Claranet, confirming our market-leading position in France and boosting our Group-wide application management capabilities for the benefit of our customers.”

Founded in 1996, Claranet has evolved from a pioneering ISP (Internet Service Provider) into one of the leading independent MSPs (Managed Services Provider) in Europe. The company has annualised revenues of circa £310 million, over 6,500 customers, over 1,800 employees, and has an international presence in two continents and eight countries.