Company type | Privately held |
---|---|
Industry | Data center |
Founded | 2000 |
Headquarters | |
Key people | Mateo Meier (Founder and CEO) |
Services | Data housing |
Website | www |
Artmotion Ltd. is a Swiss-based data housing provider. It operates two data centers near the Swiss Alps that are designed for security-seeking businesses, [1] motivated by the country's political neutrality and ironclad privacy laws. [2] [3]
Artmotion was founded in 2000 by Mateo Meier, who is also the current CEO of the company. [4] In 2003, Artmotion acquired Cyberhost, a Swiss Cloud hosting services provider. Since 2011, the Swiss data center provider Everyware Ltd. holds 25% of Artmotion's shares. [5] Artmotion increased its capital in 2015. [6]
Artmotion acquired 58% of shares in Citadelo and became a shareholder and board member in 2020. However Artmotion and Citadelo continued to operate as separate companies. [7] [8] Artmotion also owns a stake in Citadelo Switzerland. [9]
After the 2013 PRISM leak, several cloud computing companies faced criticism for their lack of security, especially those based in US. [10] [11] Artmotion, among other Swiss-based cloud computing providers gained the most out of this scandal. [12] Mostly due to the country's stringent data privacy laws, their customer base increased and the company had their revenue increased 45 percent in a month following the scandal. [13] [14] According to the CEO Mateo Meier, except in a few European countries like Luxembourg and Switzerland, personal privacy is difficult to service in this modern world. [15] Switzerland is not a member of European Union, hence it is exempt from pan-European agreements to share data with member states, as well as the United States. [16]