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Insider UK
Insider UK
Technology
Peter A Walker

Scottish cloud group acquires English rival

Iomart Group has agreed to acquire the entire issued share capital of Extrinsica Global for £4m.

Extrinsica is a Microsoft Azure Cloud solution services provider, which aligns with iomart’s secure hybrid cloud strategy.

The Oxford-based firm was incorporated in 2010 as a cloud services provider to micro businesses. In 2017, its current business model was established, when it was invited by Microsoft to become one of the first 25 Microsoft Azure partners worldwide.

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