Feeds

Lumison swallows DediPower Managed Hosting

Hungry ISP gobbles another server babysitter

Reducing the cost and complexity of web vulnerability management

Lumison has snapped up Reading-based cloud and co-lo player DediPower Managed Hosting for an undisclosed sum.

This is the second deal this year for private equity backed, managed services provider Lumison, run by former Computacenter director Mark Howling, after forking out £22m for data centre co-location outfit Blue Square Data in March.

Demand for IT infrastructure-as-a-service is on the rise as businesses seek to give employees a "scalable and flexible way of working", said Howling in a statement.

The acquisition takes Lumison's turnover to £27.5m, up from £6.4m three years ago, and pushes the staff headcount to 130.

Lumison, headquartered in Edinburgh, claims it operates eight data centres across the UK, hosting customers' online operations, biz apps and development environment.

DediPower Managed Hosting made strides in its last financial results for the year ending 30 September 2010, with an operating profit of £397,000 on revenues of £6.5m. Around 70 per cent of its sales were derived from managed services.

M&A activity in the fragmented IT managed services space is ramping as a number of firms try to build scale to target small and mid-sized customers.

Only last week private equity specialist Lyceum Capital splurged £30m on London-based mid-market managed services firm Adapt.

Veteran analyst Anthony Miller, managing director at TechMarketView, said in a note today that the SME infrastructure managed service market is "rampant with players and therefore ripe for consolidation".

"However I do not see any one player ever taking a dominant position as that’s just not how the IT services mid-market works in practice. But I do believe that the players with a better chance of success (indeed survival) will be those that climb well above ‘vanilla’ co-lo," he added. ®

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Wanna keep your data for 1,000 YEARS? No? Hard luck, HDS wants you to anyway
Combine Blu-ray and M-DISC and you get this monster
US boffins demo 'twisted radio' mux
OAM takes wireless signals to 32 Gbps
Apple flops out 2FA for iCloud in bid to stop future nude selfie leaks
Millions of 4chan users howl with laughter as Cupertino slams stable door
No biggie: EMC's XtremIO firmware upgrade 'will wipe data'
But it'll have no impact and will be seamless, we're told
Students playing with impressive racks? Yes, it's cluster comp time
The most comprehensive coverage the world has ever seen. Ever
Run little spreadsheet, run! IBM's Watson is coming to gobble you up
Big Blue's big super's big appetite for big data in big clouds for big analytics
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.