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| June 08, 2015
UK cloud service provider iomart announced it has entered into a deal to acquire IT consultancy SystemsUp, which specialises in designing and delivering cloud solutions, for up to £12.5m.iomart said the move would broaden its cloud computing expertise. SystemsUp designs and delivers solutions made to run on Google, AWS and Microsoft public clouds among other platforms, and specialises in the public sector cloud strategies....
| May 28, 2014
Glasgow-based cloud computing firm iomart announced an increase of almost 40 per cent in annual revenues for the latest financial year, with pre-tax profits of £14.6m – up from £10.7m in 2013. The firm said the company’s strong results were due in large part to increased cloud uptake among SMEs and the mid-market.iomart said before-tax profit had increased 37 per cent over the previous year, and that revenue had grown 29 per cent to £55.6m, from £43.1m in 2013....
| September 06, 2013
Glasgow-based cloud computing firm Iomart Group on Friday announced the acquisition of dedicated server and managed service provider Redstation for £8m. Redstation provides hosting services from its two datacentres in Gosport, Hampshire and caters to a customer base of 3,000. Between June 2012 and 2013 the company turned over £5.2m....
| March 31, 2016
Glasgow-based cloud computing firm Iomart has forecast a rise in profits after strong performances from newly-acquired companies. In a trading update, it said it expected to report adjusted pre-tax profit of £18.8m for the year to the end of March. That is more than 13% up on the same period in the previous year. Iomart said it had benefited from buying cloud hosting firm Serverspace and consultancy SystemsUp. It also reported that its hosting segment had continued to win "a substantial amount o...
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