4 ms·
Hetzner also has facilities in Finland and even bought into a low-latency undersea cable for that purpose. They are also expanding into the US currently.
by welterde 5y ago
Hetzner also has facilities in Finland and even bought into a low-latency undersea cable for that purpose.
They are also expanding into the US currently.
- KptMarchewa 5y ago>They are also expanding into the US currently. This makes it worse, since they fall under US CLOUD Act now.
- welterde 5y agoI think they created a subsidiary company in the US for their US offering and I don't think the US cloud act can compel the parent company to do anything? Whereas the inverse direction was problematic.
- malermeister 5y agoIf that's the case, would it make sense for US-based companies to switch their ownership structure around so their EU subsidiary becomes the parent company?
- zinekeller 5y agoNo, they will lose US domicile which is important for certain things like government and military (literal $$$) contracts. This isn't theoretical, Broadcom (which in 2015-2018 was structured to be domiciled in Singapore mainly for tax reasons) nearly acquired Qualcomm but was blocked due to US national security concerns (https://www.straitstimes.com/business/trump-signs-order-prohibiting-broadcom-takeover-of-qualcomm https://www.straitstimes.com/business/trump-signs-order-proh..., although I'll note that in practice even if US-domiciled, Qualcomm's board isn't interested and a hostile takeover is unlikely to be successful).
- malermeister 5y agoI guess the question is then: Are US government contracts worth more than access to a market of 500M people, mostly reasonably well off?
- zinekeller 5y agoYou definitely didn't heard of the US military-industrial complex: (https://en.m.wikipedia.org/wiki/Military%E2%80%93industrial_complex https://en.m.wikipedia.org/wiki/Military%E2%80%93industrial_...). Also, most cutting-edge technologies tends to derive from US academe and research facilities, so they can block non-US companies from using it.