Converged Communication Services has acquired fellow Aberdeen tech business, Internet for Business, after it called in the administrators.
Internet for Business (IFB) appointed Michael James Meston Reid of MHA as its administrator last week, after almost 6 months of trying to find a buyer.
While neither party has disclosed details of the deal, it has been confirmed that all 15 IFB staff will retain their jobs.
“This acquisition is a natural fit, uniting two local businesses with a shared passion for using digital technology to drive business success,” said Neil Christie, CTO, Converged Communication Solutions.
“IFB’s expertise in providing connectivity solutions perfectly complements our enhanced business offering, meaning customers will benefit from an even greater range of services. Additionally, this move expands our market share and brings our combined turnover closer to £10 million. We are delighted to welcome the IFB team into the Converged family and look forward to delivering the same high-quality services our customers expect.”
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The 2 tech firms will be brought together at Converged’s Spires Business Centre HQ, bringing its total headcount to 63.
“Co-founded by Chairman, John Michie, IFB has been at the forefront of delivering innovative connectivity and IT solutions to businesses for nearly three decades,” explained Graeme Gordon, CEO of IFB.
“Joining forces with Converged allows us to take our service offering to the next level, giving our customers access to an even broader portfolio of solutions. In addition, Converged shares our values of reliability, security, and customer focus, making this an excellent match for our future. Joining the Converged Group of companies is a great outcome for IFB, our team, and, most importantly, our customers, who can be reassured that it is business as usual.”
The two companies know each other well, with Christie, having started his career at IFB, before founding Converged 20 years ago.
It’s the third acquisition for Converged in 2 years.
