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Iomart
Scottish IT and cloud computing company From Wikipedia, the free encyclopedia
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Iomart Group plc is a United Kingdom-based company that specializes in cloud computing and managed IT services, with its headquarters located in Glasgow, Scotland. The company provides secure and scalable cloud infrastructure, cybersecurity solutions, data protection, and managed IT services to clients in both the public and private sectors, operating within the UK and internationally.[citation needed]
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Iomart was founded in 1998 by Angus MacSween. Initially established as one of the early broadband providers in the United Kingdom, the company later transitioned its focus toward cloud services. In 2024, Iomart acquired Atech Support. Following the acquisition, the two entities began operating under the Atech name. The company is an accredited Microsoft Azure Expert MSP, a member of the Microsoft Intelligent Security Association (MISA), and a VMware Pinnacle Partner.[1]
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History
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Iomart was founded in 1998 as an integrated internet and telecommunications company by former Scottish Telecom senior executives Angus MacSween and Bill Dobbie.[2][3] In 1999, the company received its first revenue from the launch of its business service in conjunction with Richard Branson's Virginbiz.net.[2]
In 2000, Iomart Group incorporated and floated on the London Stock Exchange's Alternative Investment Market AIM. Through its Madasafish brand Iomart offered the first UK consumer broadband connection.[citation needed] It also launched Scottish consumer Internet Service Provider, Jings![4] In the same year, Iomart launched the UK's first outsourced large-scale email hosting platform, ThinkMail.[5]
In 2002, the Telco businesses were sold for £2 million to Centrica and in 2003 the group acquired Web Genie Internet Ltd[6] for £437 thousand.
In 2005, it launched the UK business directory Ufindus and Netintelligence Managed Services Platform.[citation needed]
2006 saw the launch of Netintelligence as the world's first security Software as a Service product.[7]
In 2007, the group bought its first four data centres across the UK.
In Autumn 2012 Iomart Group made a multimillion-pound investment in creating its own resilient dedicated fibre network to connect its data centres.[citation needed] The group also went on to acquire Melbourne Server Hosting for £7m and launched Host Your Kit youth football campaign.[8]
In 2014, the company expanded further with new data centre and infrastructure operations on the east and west coasts of the US.[9]
As of September 2015, Iomart owned and managed data centres in eight locations.[citation needed]
Reece Donovan, who joined the board in March 2020 as chief operating officer before assuming the role of CEO in September 2020, has been succeeded by Lucy Dimes, the company’s executive chair.[10][11]
In 2023, Iomart relocated its headquarters to central Glasgow. That same year, the company acquired London-based legal sector specialist Accesspoint Technologies, followed by the acquisition of Atech Support in 2024.[12]
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Mergers and Acquisitions
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In 2004, Iomart bought web hosting brand Easyspace for £10.5m as well as hosting and domain company Internetters for £250k.[13]
In 2008, Iomart sold Ufindus to BT for £20m.[14] The following year, Iomart acquired dedicated server hosting specialist RapidSwitch for £5.3m.[8]
In 2011, the company also acquired Titan Internet for £4.2m, Switch Media for £1.25m, Global Gold for £1.2m, and EQSN for £2.5m.[15][16]
In 2013, the company made two more acquisitions, Redstation for £8m and Backup Technology for £23m.[17]
At the end of 2014 the company made an announcement that they had acquired rival cloud service provider ServerSpace to further expand the group.[9]
In 2015, the company made two more acquisitions, the Cloud Consultany; SystemsUp for a deal worth around £13m and United Hosting in December, in a deal worth up to £11m.[18]
In 2017, Iomart acquired cloud infrastructure provider DediServe in a €7.9m deal.[19]
In September 2018, Iomart acquired Bytemark.[20]
In February 2020, Iomart acquired the cloud division of ServerChoice Limited for an initial consideration of £2.1m with a further maximum consideration of £0.9m.[21]
In March 2020, Iomart acquired Memset Limited for an initial consideration of £3.3m with a further maximum consideration of £0.9m.[21]
In 2022, Iomart has agreed to acquire the entire issued share capital of Concepta Capital, a holding company which includes the ORIIUM and Pavilion IT brands. The deal is for a maximum consideration of £14.5m, with £10.5m initially payable upon completion.[22]
In June 2023, Iomart has agreed to acquire the entire issued share capital of Extrinsica Global for £4m.[23] In the same year, the company acquired the entire issued share capital of Accesspoint Technologies, a London-based IT hosting company that has focused on the UK legal industry since 2009.[12]
In 2024, Iomart Group has agreed to acquire the entire issued share capital of Kookaburra Topco, the holding company of Atech Support, for a total consideration of £57m.[24]
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Corporate Social Responsibility
In 2010, Iomart launched the "Racks 4 Acres. Powering the Cloud. Preserving the Clouds" campaign.[25]
In addition to its environmental efforts, Iomart has supported youth and grassroots sports through its "Host Your Kit" initiative. Launched in 2012, the scheme provided sports kits to youth football teams across the UK, with over 500 teams entering the programme in its inaugural year.[26]
In 2024, Iomart installed 560 rooftop solar panels at its Maidenhead data centre, generating approximately 250,000 kWh annually.[27]
References
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