# Kyivstar agrees to buy GigaCloud for up to $50 million

_Published Tuesday, October 27, 2026 at 7:18 PM EDT · Infrastructure, Products · Latest · Tier 2 — Notable_

![Kyivstar agrees to buy GigaCloud for up to $50 million — Primary](https://s.yimg.com/lo/mysterio/api/48a0b63f17b9d0027bd12cbe0ddf2533a8ec8ff864a10f78f043fd8ae584bc7b/lightyear_networkapi/resizefill_w1200%3Bquality_80%3Bformat_webp/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Fglobenewswire.com%2Ffea72c3a761bc2eba4d4a2104ac48576.jpg)

Kyivstar announced an agreement to acquire Ukrainian cloud infrastructure provider GigaCloud in a transaction valued at up to USD 50 million. GigaCloud serves more than 1,800 enterprise customers and operates infrastructure in Ukraine and Poland.

The deal combines GigaCloud's cloud business with Kyivstar's connectivity and cybersecurity services. Consideration includes a USD 41 million acquisition price, up to USD 4 million in deferred non-adjustable debt, approximately USD 3 million tied to performance and up to USD 2 million in capital expenditure reimbursement. Completion is subject to customary closing conditions.

## Sources

- [Yahoo Finance](https://finance.yahoo.com/technology/articles/kyivstar-group-signs-agreement-acquire-212000111.html)

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Canonical: https://techandbusiness.org/newswire/yq0nBaCHbwhyWbskWjQQt1
Published: 2026-10-27T23:18:33.585Z
Story chronology: 2026-10-27T21:20:00.000Z
Retrieved: 2026-10-28T01:59:24.272Z
Publisher: Tech & Business (techandbusiness.org)