Iomart Group plc (GB:IOM) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Iomart Group plc has confirmed that it is in exclusive discussions to potentially acquire Atech Support Limited, a prominent Microsoft Solutions Partner, which could significantly enhance iomart’s cloud service offerings for mid-sized UK enterprises. The deal, if finalized, would be funded through existing cash and banking facilities and is considered a substantial transaction per AIM Rules. The acquisition aims to accelerate iomart’s growth strategy by establishing it as a leading provider of comprehensive cloud services.
For further insights into GB:IOM stock, check out TipRanks’ Stock Analysis page.
