Iomart
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| LSE: IOM | |
| Industry | cloud computing information technology |
| Founded | 1998 |
| Founder | Angus MacSween |
| Headquarters | 6 Atlantic Quay, 55 Robertson Street, Glasgow, Scotland, G2 8JD , Scotland |
| Products | Managed cloud services |
Number of employees | 650 (2024) |
| Website | www |
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.
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.[1][2] In 1999, the company received its first revenue from the launch of its business service in conjunction with Richard Branson's Virginbiz.net.[1]
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![3] In the same year, Iomart launched the UK's first outsourced large-scale email hosting platform, ThinkMail.[4]
In 2002, the Telco businesses were sold for £2 million to Centrica and in 2003 the group acquired Web Genie Internet Ltd[5] 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.[6]
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 Hosting UK (Internet Engineering Ltd) for £1.25m adding three datacenters to its portfolio in the process; two from Melbourne Server Hosting in Manchester and one from Hosting UK in North Wales. It also launched the Host Your Kit youth football campaign.[7]
In 2014, the company expanded further with new data centre and infrastructure operations on the east and west coasts of the US.[8]
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.[9][10]
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.[11]
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.[12]
In 2008, Iomart sold Ufindus to BT for £20m.[13] The following year, Iomart acquired dedicated server hosting specialist RapidSwitch for £5.3m.[7]
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.[14][15]
In 2012, the company acquired Melbourne Server Hosting for £7m and Internet Engineering Ltd t/a Hosting UK for £1.25m.
In 2013, the company made two more acquisitions, Redstation for £8m and Backup Technology for £23m.[16]
At the end of 2014 the company made an announcement that they had acquired rival cloud service provider ServerSpace to further expand the group.[8]
Corporate Social Responsibility
[edit]In 2010, Iomart launched the "Racks 4 Acres. Powering the Cloud. Preserving the Clouds" campaign.[17]
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.[18]
In 2024, Iomart installed 560 rooftop solar panels at its Maidenhead data centre, generating approximately 250,000 kWh annually.[19]
References
[edit]- 1 2 Fitzgerald, Neil (5 December 2000). "Trailblazers in their Sphere". The Herald. Glasgow. Retrieved 14 September 2015.
- ↑ Williams-Grutt, Oscar (1 October 2013). "Tech entrepreneur Angus MacSween nets millions with iomart stake sale". London Evening Standard. Retrieved 2 July 2014.
- ↑ "By Jings! Iomart launch an ISP for new Scotland". The Scotsman. 18 October 2000. Retrieved 3 July 2014.
- ↑ "Iomart launches email innovation". The Scotsman. 17 January 2001. Retrieved 3 July 2014.
- ↑ "Company Overview of Web Genie Internet Ltd". Bloomberg L.P. Retrieved 3 July 2014.
{{cite web}}: CS1 maint: deprecated archival service (link) - ↑ Smith, Mark (17 November 2006). "Iomart sees solid rise on back of net security product". The Herald. Retrieved 14 September 2015.
- 1 2 "Cloud computing firm Iomart buys Melbourne Server Hosting in £7m deal". BBC News. 16 August 2012. Retrieved 8 June 2025.
- 1 2 "iomart buys ServerSpace". Business Cloud News. Retrieved 26 March 2015.
- ↑ Savvas, Antony (15 June 2021). "iomart reports a stagnant cloud services year". ITEuropa. Retrieved 9 July 2021.
- ↑ "Lucy Dimes takes over as Iomart CEO as Reece Donovan steps down". 18 September 2023. Retrieved 8 June 2025.
- ↑ "Iomart aims to pick up the pace after former CEO's exit". 6 December 2023. Retrieved 8 June 2025.
- ↑ "Iomart swallows Easyspace for £10.5m". Retrieved 8 June 2025.
- ↑ Armitage, Alex (9 July 2008). "BT Buys Iomart's Ufindus Directories Unit for 20 Million Pounds". Bloomberg L.P. Retrieved 2 July 2014.
- ↑ "Iomart buys Titan Internet for £4.2m". BBC News. November 2010. Retrieved 8 June 2025.
- ↑ "Iomart buys host firm for £1.25m". BBC News. 27 April 2011. Retrieved 8 June 2025.
- ↑ Cameron, Greig (23 October 2013). "Iomart buys data firm in its biggest-ever takeover". The Herald. Retrieved 6 September 2015.
- ↑ "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.
- ↑ "iomart Hosting Celebrates Start of Olympics by Announcing Host Your Kit winners". findcloudhost.com.
- ↑ "Iomart powers first UK data centre with onsite solar". 9 August 2024. Retrieved 8 June 2025.