The completion of the operation, the amount of which has not been disclosed, will take place this summer, Octave Klaba said in a message posted on Twitter.
As planned when the exclusive negotiations were announced in April, the new Synfonium company will be 75% owned by entrepreneur Jezby Ventures’ holding company and 25% by the Caisse des dépôts.
Compete with Google
According to the Franco-Polish businessman, Synfonium aims to bring together “the search engine, the free services, the collaborative suite, the social login (an authentication system), but also the services of our technology partners.”
The company will also own Shadow, a company specializing in virtual computers, which are used in particular for playing video games on high-performance machines. Octave Klaba had taken over the star company in the French community of “geeks” in April 2021 at the head of the Paris Commercial Court.
Better known to the general public, the French search engine Qwant, former star of French Tech, was founded in 2013 with the ambition of making a place for itself in the world of online search, totally dominated by Google, proposing the protection of privacy and its own algorithms to index web pages.
But despite the support of the State, it had not been able to impose itself on its American rival, nor demonstrate its technological independence. In 2020, after the departure of her boss Éric Leandri, Qwant was rescued by the CDC and the German group Axel Springer.
“The road is long, complex and expensive, but there is a real expectation to have this platform on Cloud SaaS EU (a remotely operated software package) that respects our European values and laws,” said Octova Klaba.
Source: BFM TV
