Infomaniak, the Geneva-based cloud host and Switzerland’s leading sovereign cloud provider, is set to list on SIX Swiss Exchange on 28 September 2026 through a reverse takeover of industrial holding company Perrot Duval. The agreed valuation is CHF 200 million. Only Class B shares (ticker: INFO) will be publicly traded; the Infomaniak Foundation retains voting control through unlisted Class A shares (ICT Journal, 3 September 2026).
Background: a financially solid company choosing public accountability
Founded in Geneva in 1994, Infomaniak has carved out a distinctive position as the Swiss alternative to US hyperscalers. Its financial track record is strong: CHF 47.6 million in revenue in 2024, CHF 54.2 million in 2025, and CHF 31 million for H1 2026 alone — a year-on-year growth rate of +16.2% (ICT Journal, 3 September 2026).
This listing is not a capital raise. No new shares are being issued at listing. The objective is to open future access to capital markets to fund two strategic initiatives: the D5 datacenter (2.5 MW of additional capacity, expected completion 2028) and the development of Euria, its sovereign AI offering integrated into the collaboration suite.
What changes for CIOs hosting workloads in Switzerland
Verifiable long-term viability. Listing on SIX requires Infomaniak to publish consolidated accounts and comply with the governance obligations of a public company. For a CIO or CFO signing a multi-year ERP hosting contract, that is a continuity guarantee that private cloud providers simply cannot match.
Sovereignty preserved despite the listing. The dual-class share structure is deliberate: the Infomaniak Foundation retains majority voting rights through unlisted Class A shares. Financial markets do not control strategic decisions. For enterprise buyers who prioritise supplier continuity, this is meaningful protection against hostile acquisitions or activist-investor-driven pivots.
Favourable regulatory backdrop. The listing comes immediately after Switzerland’s B2B e-invoicing mandate took effect on 1 September 2026. Businesses weighing local hosting against AWS Zurich or Azure Geneva now have a listed, investment-roadmap-transparent, Switzerland-domiciled data player to evaluate. US hyperscalers do not publish Switzerland-level investment plans.
Datacenter capacity as a decisive variable. The 2028 capacity promise (D5, +2.5 MW) deserves close attention. It determines Infomaniak’s ability to scale for intensive ERP workloads — SAP, Abacus, or Microsoft Dynamics 365. A CIO signing a multi-year contract today must factor that timeline into capacity planning.
What to watch
The listing remains conditional on approval from FINMA and SIX Swiss Exchange. The final prospectus was not available as of 3 September 2026. For organisations currently running a vendor selection, the 28 September date is indicative, not contractual. Additionally, Euria’s sovereign AI positioning places Infomaniak in a segment where hyperscalers are investing heavily — promises will need to be assessed against concrete production use cases, not launch communications.
Further reading
Our guide to sovereign cloud and ERP in Europe covers the compliance frameworks (SecNumCloud, BSI C5, EUCS) that govern cloud hosting choices for regulated ERP environments. Our cloud-native vs on-premise decision guide will help frame the hosting decision before selecting a provider.
