Posted: 04th Oct, 2004 By: MarkJ
ISP Business Serve has acquired the assets of Vital Online Ltd., specifically its ISP division. The acquisition is its fifth so far:
The company, which will trade as Vital ISP (part of the Business Serve Group), has a turnover of approximately £700,000 and has a varied product range, including Co-location, NT Hosting, Firewalls, Leased lines and Broadband. It has a customer base that ranges from providing bespoke services to corporate customers and the public sector such as North Yorkshire County Council, to providing standard connectivity and hosting solutions for the SME marketplace.
Simon Cleaver, Chief Executive of Business Serve plc, said: The acquisition of Vital ISP has further strengthened our position within the Corporate Market bringing increased diversity to the Groups existing customer base, particularly within the public sector where Vital is strong in the education market.
As with all acquisitions to date, there will be cost savings made in terms of network and infrastructure synergies and the opportunity to cross sell its services to new customers.