Business Serve snaps up Vital Online

Kon solly day shun

Lancaster-based ISP, Business Serve, has snapped up its fifth acquisition since it floated on AIM in February 2004. It's paying £200,000 in cash and a bundle of shares for business-focused ISP Vital Online Ltd.

Vital - which has a turnover of around £700,000 and flogs stuff like leased lines and broadband - will continue to trade under its own name as part of the Business Serve Group.

It's been a busy six months for Business Serve. In March, it acquired automated online company, Domain Names GB.com Ltd, for £400,000 in cash and ISP RealTouch Internet Ltd for £60,000. In May it paid £1.87m to buy Manchester-based Designer Servers Ltd, a small ISP which offers managed servers and hosting for a range of customers including Panasonic.

In July, Business Serve plc stumped up £404,000 to add KB Media Limited - which flogs broadband targeted at the reseller market - to its stable of companies.

The ISP now employs over 180 people and claims has more than 40,000 business customers. ®

Related stories

Business Serve floats on AIM
Business Serve buys Legend Internet
NTL takes control of Virgin.net
Kingston Comms buys Eclipse Internet
Your Communications seeks buyer

Biting the hand that feeds IT © 1998–2017