Iver acquires City Network for Swedish and international enterprises to create a new European cloud alternative

Iver is acquiring the Swedish cloud provider City Network. The acquisition creates a new European cloud alternative for Swedish and international enterprises, with a need for a comprehensive, secure, and technical global base for their digital innovation. The complex regulatory situation connected to use of different IT services in Europe, means that familiarity with the local market, its legal and commercial conditions - is an important common base for the joint offer."Combining digital innovation and adherence to regulatory requirements is a hot topic for all major businesses right now.  And that's equally true at the most senior levels of the EU, where the Commission's President, Ursula von der Leyen, recently stressed the creation of a European cloud standard as fundamental to manage the digital transformation.