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6 August 2020

Netstream AG founds two subsidiaries

Two men in suits walking down an office corridor

Netstream AG is founding Netstream Immobilien AG and Netstream Cloud AG as new subsidiaries. Netstream AG holds 100% of each company. The entry in the commercial register in Zurich took place on 21 July 2020.

Netstream Immobilien AG and Netstream Cloud AG were founded for reasons of transparency, against the background of the focus on the core business of cloud and streaming services. This secures the necessary agility in the organisation and creates the entrepreneurial basis for the company, as a competent IT infrastructure provider, to respond quickly and flexibly to the requirements of customers and markets at any time. The new structure also makes it possible to further expand individual business areas.

Existing customer and supplier contracts will be transferred to the new companies over time. There are no contractual changes for Netstream AG employees.

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