Bad luck for the most prominent European competitor to the tech...

Bad luck for the most prominent European competitor to the tech...
Bad luck for the most prominent European competitor to the tech...

In a very bad time, the services of the most prominent European competitor to cloud storage, to the American tech giants, was disrupted, before its shares were listed on the stock exchange.

One of the most prominent cloud storage companies in Europe, the French “Ov Ash Cloud”, was out for more than an hour on Wednesday, which reflected on the service of many sites, with preparations for its listing on the stock exchange.

The outage comes at a very bad time for the company, which is seeking to attract investors, as part of its initial public offering scheduled for Friday.

The company is scheduled to go public, next Friday, and is expected to earn about 350 million euros, while the company is valued between 3.5 and 3.75 billion euros.

The outage was reported around 07:00 GMT on Downdetector, which monitors website performance, and has affected countless shopping sites, cultural attractions and businesses, which have become unavailable to Internet users, according to Agence France-Presse. .

The company, headquartered in Roubaix (Northern France), with more than 2,400 employees and a turnover of 632 million euros, is one of the giants of French technology companies.

It first became famous as a web host, before it succeeded in building a European cloud market, which was largely dominated by American tech giants, such as Amazon, Microsoft and Google.

Octave Klapa, founder and general manager of OVH, in a tweet on the social networking site “Twitter”, attributed the failure to a “human error”.

He pointed out that it included the “backbone”, that is, the telecommunications network that connects all of the company’s infrastructure.

The malfunction occurred after setting up a router at 07:12 GMT.

In the United States, according to a statement issued later by the company, which apologized to its customers, and promised “a transparent explanation of the causes and consequences” of the accident.

The company was exposed to a fire last March in the data center located in Strasbourg, which also caused huge disruptions in many websites.

Several companies and individuals reported on Downdetector that their websites were unavailable, and they were unable to access their emails, or even use their phones.

Klapa explained in another tweet, that the failure is related to a technical maneuver decided by the service provider “OV Ash” after the increase in hacking attacks aimed at denial of service.

He pointed out that “in recent days, the intensity of the attacks to disrupt the service has increased .. and we decided to increase our ability to address” these attacks “by adding new infrastructure” in the United States.

“Bad router settings caused a crash” of the network, he added.

These were the details of the news Bad luck for the most prominent European competitor to the tech... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Amazon and Bezos are in the crosshairs of serious accusations by...
NEXT John Kerry to attend Middle East Green Initiative Summit in Saudi Arabia

Author Information

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2077 Sharon Lane Mishawaka, IN 46544, USA Phone: (+1) 574-255-1083 Email: [email protected]