Cloud and Managed Hosting Provider Pulsant Acquires Data Centre Provider Onyx
12 June 2016
Cloud and managed hosting provider Pulsant Limited (Pulsant) has acquired data centre provider Onyx. Pulsant, which has headquarters in Reading, United Kingdom, was established in 1995. The company offers a range of services including colocation and cloud computing, each of which are “underpinned by highly resilient networks” that support 4,000+ “mid-tier and enterprise customers” through fifteen ISO 9001, ISO 14001 and ISO 27001 compliant data centres based in the United Kingdom. Financial aspects of the deal were not released.
Onyx has headquarters in Stockton-On-Tees, Cleveland, United Kingdom and offers a range of options alongside data centre services. These extend to business continuity and IT security offerings and managed services and cloud computing. By buying Onyx Pulsant strengthens its hybrid IT services portfolio and significantly strengthens its business activity in the north of the country through the addition of data centres in Edinburgh, Glasgow, Sheffield and Newcastle, United Kingdom. Onyx’s platforms, infrastructure and its entire team will be integrated with Pulsant’s infrastructure in the next few months. Together the companies will generate revenues of £75 million annually.
“We have known Pulsant for many years and always felt that combining Onyx and Pulsant would provide a very strong UK-wide player,” explained Onyx’s CEO Neil Stephenson in a press release. “Both businesses have complementary capabilities and locations, and this acquisition enables the enlarged business to offer a stronger, broader range of services to our joint customers. The cultures of our two organisations are also very similar, which was a big factor in selecting Pulsant as the acquirer.”
“Mike has an excellent reputation in the industry, a broad understanding of the data centre and cloud markets and experience of growing businesses in the UK and overseas,” explained Mark Howling, the CEO of Pulsant in a press release. ”I am delighted that he has agreed to become our chairman, which is a significant signal of Pulsant’s quality and ambitions.”
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