Managed IT Firm hSo Acquires UK ISP Goscomb Technologies

The “entire share capital” of business ISP Goscomb Technologies has been acquired by rival hSo (HighSpeed Office Limited), a little known UK managed IT and cloud services provider, for an undisclosed sum.

Goscomb offers a variety fixed line broadband packages and runs hosting services across 16 datacentres in the UK, North America and Europe. hSo hopes that the new acquisition will help them to expand their deployment of “private and public cloud services to UK and International enterprises and the channel“.

Chris Evans, MD of hSo, said:

“The increased datacentre footprint and international reach, coupled with hSo’s whole of market on line tool hSo:compare, makes the combined hSo and Goscomb a natural choice for UK and international organisations looking for high capacity bandwidth and robust private network Cloud services.”

Goscomb customers have been told that their service should remain unchanged, yet they will benefit from hSo’s “ISO accredited systems and processes as well as a UK based 24/7 service desk“. The acquisition was apparently funded from hSo’s existing cash resources, the issue of loan notes and issue of equity.