iomart has acquired EQSN’s share capital for and estimated £2.475 million.
UK based cloud server and managed hosting company iomart has acquired EQSN, a Scottish infrastructure service provider. ionmart hopes to expand its premium customer base with this acquisition.
iomart has acquired EQSN’s share capital for an estimated £2.475m with £2.25m payable at completion and a deferred consideration of up to £225k contingent on the successful integration of the operations of ESQN into the Group.
Prior to EQSN, iomart bought Liverpool domain name and hosting company and technical hosting specialist Titan Internet.
EQSN provides managed hosting offerings to a varied range of clients across all sectors of industry including: banking & finance, manufacturing, social networking, local & central government, corporate, and the NHS and iomart specialises in the delivery and management of mission-critical hosting services, enabling customers to reduce the costs, complexity and risks associated with maintaining their own web and online applications.
