Iomart, reports ScotlandIS has acquired the entire issued share capital of EQSN for a total cash payment  of £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.

 EQSN provides managed hosting solutions to a varied range of clients across all major sectors of industry including: banking & finance, manufacturing, social networking, local & central government, corporate, and the NHS. Its clients include a number of high profile names and quoted companies.

Angus MacSween, CEO of iomart Group plc, said: “We are delighted with this addition to the iomart Groupas we continue to drive forward our reputation as a leading provider of secure web hosting and managed services for business. EQSN has an impressive customer base and is a strong strategic and cultural fit for us.”

“EQSN is a very successful company in its own right," says (left) CEO Alan Lorimer,  "Becoming part of iomart is a natural next step for us. It means that we can offer our customers even more value through an extended service portfolio and facilities because of iomart’s fully owned, managed and secure datacentre network and its commitment to providing customers with peace of mind.”