

As a global communities watch the Cloud War between Google, Microsoft and Apple, and barely a fortnight after MTI became the new player in Edinburgh cloud business, strengthened by the acquisition of Global Secure, Onyx, owned by ISIS Equity aims to acquire more Scottish IT companies after building a £15m war chest.
Hugh Gillen, (right) MD of Onyx’s infrastructure division reports Scotland on Sunday is already looking at businesses in Aberdeen and in the Central Belt.
He is reported saying the company will be “investing heavily in expanding our cloud computing business early in the New Year. Our data centre in Edinburgh is already two-thirds full and we’ve got plans to expand our existing site in Glasgow.
“After that, we’ll be on the lookout for more takeover opportunities to help grow the business.”
Onyx which operates around seven sites between the London, the North East of England, Edinburgh and Glasgow with some 50 staff in Scotland – half its UK total – generates a third of its £17m turnover north of the Border, with a £3m profit generated in Scotland thanks to a number of lucrative contracts.
Gillen is astutely aware that cloud computing suits about one in four of customers looking at cloud services. Those who work in heavily regulated areas need to secure their own storage. But public cloud computing networks can cut costs.
Two years ago, Onyx went on the record that it was to expand and set up offices in New York, geared at the financial markets and provide its data recovery services in districts including Wall Street.