Jump to content

Iomart

Add links
From Wikipedia, the free encyclopedia
(Redirected from Iomart Group)

Iomart Group plc
LSE: IOM
Industrycloud computing
information technology
Founded1998 (1998)
FounderAngus MacSween
Headquarters
6 Atlantic Quay, 55 Robertson Street, Glasgow, Scotland, G2 8JD
,
Scotland
ProductsManaged cloud services
Number of employees
650 (2024)
Websitewww.iomart.com

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]

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]

History

[edit]

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]

Mergers and Acquisitions

[edit]

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]

Corporate Social Responsibility

[edit]

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

[edit]
  1. ^ "Iomart shares sink amid customer churn at data centre firm". Retrieved 8 June 2025.
  2. ^ a b Fitzgerald, Neil (5 December 2000). "Trailblazers in their Sphere". The Herald. Glasgow. Retrieved 14 September 2015.
  3. ^ Williams-Grutt, Oscar (1 October 2013). "Tech entrepreneur Angus MacSween nets millions with iomart stake sale". London Evening Standard. Retrieved 2 July 2014.
  4. ^ "By Jings! Iomart launch an ISP for new Scotland". The Scotsman. 18 October 2000. Retrieved 3 July 2014.
  5. ^ "Iomart launches email innovation". The Scotsman. 17 January 2001. Retrieved 3 July 2014.
  6. ^ "Company Overview of Web Genie Internet Ltd". Bloomberg L.P. Archived from the original on 7 July 2014. Retrieved 3 July 2014.
  7. ^ Smith, Mark (17 November 2006). "Iomart sees solid rise on back of net security product". The Herald. Retrieved 14 September 2015.
  8. ^ a b "Cloud computing firm Iomart buys Melbourne Server Hosting in £7m deal". Retrieved 8 June 2025.
  9. ^ a b "iomart buys ServerSpace". Business Cloud News. Retrieved 26 March 2015.
  10. ^ Savvas, Antony (15 June 2021). "iomart reports a stagnant cloud services year". ITEuropa. Retrieved 9 July 2021.
  11. ^ "Lucy Dimes takes over as Iomart CEO as Reece Donovan steps down". Retrieved 8 June 2025.
  12. ^ a b "Iomart aims to pick up the pace after former CEO's exit". Retrieved 8 June 2025.
  13. ^ "Iomart swallows Easyspace for £10.5m". Retrieved 8 June 2025.
  14. ^ Armitage, Alex (9 July 2008). "BT Buys Iomart's Ufindus Directories Unit for 20 Million Pounds". Bloomberg L.P. Retrieved 2 July 2014.
  15. ^ "Iomart buys Titan Internet for £4.2m". Retrieved 8 June 2025.
  16. ^ "Iomart buys host firm for £1.25m". Retrieved 8 June 2025.
  17. ^ Cameron, Greig (23 October 2013). "Iomart buys data firm in its biggest-ever takeover". The Herald. Retrieved 6 September 2015.
  18. ^ "Threat Report 2015 Q2 | Cloudmark". www.cloudmark.com. Retrieved 11 July 2020.
  19. ^ "IT company Iomart reports 'excellent' growth". Retrieved 8 June 2025.
  20. ^ "Bytemark is now part of iomart Group plc". Bytemark Hosting. 4 September 2018. Retrieved 15 October 2018.
  21. ^ a b "Pre-close trading statement for year ended 31 March 2020 - Iomart Group plc". www.iomart.com. Retrieved 6 April 2020.
  22. ^ "Iomart acquires rival IT companies for up to £14.5 million". Retrieved 8 June 2025.
  23. ^ "Scottish cloud group acquires English rival". Retrieved 8 June 2025.
  24. ^ "Iomart confirms Atech Support acquisition for £57 million". Retrieved 8 June 2025.
  25. ^ "iomart Hosting Launches Racks 4 Acres Campaign to Support Rainforest Preservation". scotlandis.com. ScotlandIS. Archived from the original on 13 December 2010. Retrieved 3 July 2014.
  26. ^ "iomart Hosting Celebrates Start of Olympics by Announcing Host Your Kit winners". findcloudhost.com.
  27. ^ "Iomart powers first UK data centre with onsite solar". Retrieved 8 June 2025.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Iomart&oldid=1295217633"