Mike Tobin OBE appointed chairman
UK managed hosting and colocation firm Pulsant has acquired Onyx to expand its UK data centre fleet with five additional facilities and add services to its portfolio.
Its operations are underpinned by a network of 15 owned and operated datacentres across in the UK, and leading-edge private, multi-tenanted and public cloud platforms.
The acquisition increases the scale of our business and the breadth of services we can offer, which is crucial as multi-cloud environments become more complex and more important," says Pulsant CEO Mark Howling.
This acquisition marks a significant milestone in the development of Pulsant, and is its first major acquisition since Oak Hill and Scottish Equity Partners became Pulsant's major shareholders in July 2014.
Tobin was previously CEO at Telecity for 13 years, overseeing its growth from a market cap of £6m to £1.6bn, and floating it on the London Stock Exchange in 2007.
I am delighted that he has agreed to become our chairman, which is a significant signal of Pulsant's quality and ambitions."