« Estonian Photo Site Nagi.ee Seed Funded To Grow | Main | France's MPX4 Raises $6.5M For Music Tools »
March 08, 2007
Scotland's iomart Acquires Ezee Data Centers For £11M
iomart, a Scottish company that floated on the AIM as the tech bubble started burst, survived the downturn, and is now running several web-based managed services for consumer and businesses, has raised £11M in a private placement about half of which will be used to acquire a 51 percent stake in Ezee Ltd, the company will be renamed Easyspace Datacentres and the founder will stay on.
iomart does about £24M a year in turnover and is growing at a clip on the back of three lines of products : Web Hosting Services, Local Search Directories, and security, according to its investor relations page.
View iomart
Posted on March 8, 2007 06:36 AM | Posted to News And Updates | Permalink
Trackback Pings
TrackBack URL for this entry:
http://www.thealarmclock.com/mt/mt-tb.cgi/3591
