NEWS
Orange invests in LBO France ’ s Digital Health 2 fund to accelerate e-health
Kaspersky completes its data-processing relocation to Switzerland and opens Transparency Centre in North America
Through its Orange Digital Investment holding , the Orange Group has decided to invest in the Digital Health 2 ( DH2 ) fund of LBO France – a major player in the private equity sector in France . The DH2 fund plans to invest € 200 million in e-health SMEs , such as QuantifiCare , Tribvn Healthcare , FeetMe and Meditect , dedicated to B2B in the growth phase in France and Western Europe .
Convinced of the potential of the e-health market , undergoing transformation thanks to the benefits of digital technology , Orange is providing additional resources to DH2 with a view to develop innovative e-health companies in France and Europe .
This initiative will have a positive impact both for the companies selected by the DH2 fund management team and for the entire e-health ecosystem .
It ’ s a boost for Enovacom , the health division of Orange Business Services , to achieve its ambition to become one of France ’ s leading digital health companies .
“ We are very pleased with the confidence that Orange has placed in us . The presence of a global operator , integrator of digital services and a pioneer in e-health within the DH2 fund is a definite advantage for the portfolio companies .
“ Enovacom will also inevitably promote the co-construction and growth of innovative companies capable of becoming world champions of e-health ,” said Valéry Huot , Partner , Head of Venture at LBO France .
Kaspersky has announced the completion of major Global Transparency Initiative milestones by moving data storage and processing activities from Russia to Switzerland and by opening the company ’ s fifth Transparency Centre in North America . Alongside increased transparency , the company calls for more collaborative efforts to enhance the security and integrity of modern software products .
It ’ s been three years since Kaspersky , a leading global cybersecurity company , announced its Global Transparency Initiative ( GTI ) to pioneer a new approach for the cybersecurity industry based on greater transparency and accountability . The aim was to engage the broader cybersecurity community and stakeholders in validating and verifying the trustworthiness of its products , internal processes and business operations . As such , the company has provided the source code of its software for independent reviews , undertaken a number of third-party assessments ( including the SOC2 audit by a Big Four company ) and has attained ISO27001 certification for its data services . Kaspersky has also moved its data processing infrastructure from Russia to Switzerland and has announced the successful completion of this transition .
The relocation of data processing and data storage , announced in November 2018 , has been fully completed . In addition to Europe , the United States and Canada , Kaspersky has also relocated data storage and processing for a number of Asia-Pacific countries . •
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