Ionos acquires stake in Stackable
Sophie Deistler
| 15.10.2021
The cloud and hosting provider has taken over 25.1 percent of the start-up. It would like to offer its products to its customers in the future.
The start-up Stackable now has a new strategic partner: The cloud and hosting provider Ionos from Montabaur has acquired 25.1 percent of the shares. The two companies already worked together on the European cloud initiative Gaia-X.
Ionos already uses Stackable's services in-house. For the next year, they plan to offer the startup's open source applications to their cloud customers as well. "With our investment we ensure that Ionos has a strong position in the growing Big Data market," says Ionos CEO Achim Weiß.
Stackable was founded in 2020 by Lars Francke and Sönke Liebau. The start-up is based in Wedel in Schleswig-Holstein and operates an open-source platform. Anyone can access Stackable's data analysis and processing tools free of charge.
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