Fire at data center expected to cost $122 million
Posted On: Sep. 30, 2021 9:58 AM CST![Fire](https://bicontent.businessinsurance.com/af4605e8-95e3-4a2d-8d8d-170129e2bddd.jpg)
French cloud computing company OVH Groupe SAS a fire that damaged its data center in Strasbourg earlier this year resulted in €105 million ($122 million) in losses, DataCenter Dynamics reported citing L'Usine Nouvelle. Of the total amount, the company has recovered €58 million from its insurance while a large proportion is contingency funds for potential customer claims for the damage from the fire that affected the businesses of nearly 65,000 customers.