(The Hosting News) – Cloud provider iomart on Thursday announced its purchase of dedicated and managed services provider Redstation for the reported cost of $12.4 million USD.
The move now means iomart Group overall now hosts 20 thousand servers through the UK market.
“The addition of Redstation will consolidate our position as the leading player in the dedicated server market in the UK. Redstation’s customers deliver a wide variety of cloud applications and services so this acquisition further underpins iomart’s position as the main provider of the complex infrastructure required by UK businesses to support the cloud environment,” stated iomart Group CEO Angus MacSween through a press release.
Redstation currently employs 33 people. The company itself has been in business for fifteen years.
iomart is known for owning another dedicated provider, RapidSwitch.