OVH Founder in Talks to Buy Qwant to Revive Google Alternative
The Qwant website.
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The founder of French cloud provider OVH Groupe SAS is seeking to buy the Qwant SAS search engine, in a bid to revive the quest for a European rival to Google and Bing that “respects privacy.”
Octave Klaba and his family created a venture called Synfonium, together with Qwant shareholder Caisse des Depots, and are holding exclusive talks to buy Qwant, the new group said in a statement. Caisse des Depots will hold a 25% stake in the company, according to the statement.