EU Commission awards 180 million euro cloud contract to four European providers

The European Commission awarded a €180 million, six‑year sovereign cloud services tender to four European providers — Post Telecom (with OVHcloud and CleverCloud), Germany’s StackIT, Iliad’s Scaleway, and Belgium’s Proximus (leading a consortium including Mistral AI, Thales and Google Cloud’s S3NS). The move, launched Oct 2025, is part of the EU’s Cloud Sovereignty Framework to limit non‑EU control over critical infrastructure and bolster Europe’s digital sovereignty. Markets reacted positively for European cloud names: Paris‑listed OVHcloud shares rose about 2.5% on the news. The decision is likely bullish for European cloud and infrastructure vendors, may reduce exposure of EU agencies to non‑European hyperscalers, and could modestly support EU equity benchmarks such as the Europe 50.