Feeds

186k buying another company

Receives financial backing too

Secure remote control for conventional and virtual desktops

186k - the Leeds-based ISP headed by Internet entrepreneur Dominic Marrocco - has received a stack of cash to help it buy up more companies.

As part of the deal Bank of Scotland Corporate effectively becomes a "sleeping partner" in the business until such times as "certain conditions" are met and BoS decides to invest further.

Exactly how much BoS has stumped up remains a closely guarded secret although 186k has disclosed that the "multi-million pound partnership" [there's a clue there, surely? Ed.] will help fund the company's ambition for further "consolidation and convergence in the ISP sector".

In September, 186k acquired London-based provider Mailbox Internet for around a couple of a million quid. And over the last year or so it has snapped up Northern-based Elite Internet Services and acquired a major stake in Middlesborough-based Onyx Internet.

What's more, it seems the acquisitive ISP could be about to net another purchase within the next couple of weeks.

"186k is currently in the process of closing another deal, which will further boost the capabilities of the company," it said in a statement today.®

Internet Security Threat Report 2014

More from The Register

next story
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Virgin Media struck dumb by NATIONWIDE packet loss balls-up
Turning it off and on again fixes glitch 12 HOURS LATER
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.