The Boards of Xifos Limited and Perceptive Online Limited announced today the signing of a Memorandum of Understanding to merge their businesses. The combined businesses will create a new and diverse Internet Service Provider (ISP) in the Thames Valley region dedicated to providing quality Cloud based services, backed up by first class customer service.
This merger offers important synergies; not only creating an industry leading portfolio of products, technologies and solutions, but also enhancing a team of talented and skilled professionals. The combination of Xifos’s Network and Perceptive’s Cloud Hosting expertise provides an excellent opportunity to further enhance their ability to compete effectively and deliver greater value to their customers.
While this merger obviously signifies change, at this point the two companies will continue to operate as separate legal entities but with immediate effect their customers will have access to the full range of services from the combined businesses.
Over the next 6 months they will work to merge the networks and services of the businesses, and strive to make this a seamless process. They have already connected their Newbury and Reading based Data Centres to create a unique environment, affording them the opportunity to offer unrivalled business continuity services.
The merged business will have a turnover in excess of £1.5 million and with solid financial backing is set to quadruple sales within 5 years.
Alexander Fossa, Managing Director of Xifos and Technical Director of the merged business said: “ This marks an evolution for our business and our customers as we now have the ability to grow our state of the art network to support the expanded customer base and to extend our Data Centre infrastructure”
Brian Parnham, Managing Director of Perceptive and Sales Director of the merged business said:” I am looking forward to offering our combined customer base and all our new customers a first class service based on the enhanced portfolio of products that the new business will be offering. Our unique UK Data Centre structure means we are well positioned to give our customers confidence to commit to Cloud based services”
Richard Sharpe, Chairman said: “ I am looking forward to seeing this talented and dedicated group of people building a strong and innovating business and giving our business customers the best service and support in the Industry. Each of our employees knows the importance of doing a good job for our customers.”