Onyx continues on the acquisition trail

Onyx, the UK-based business continuity provider, has made its second acquisition in three months, according to V3.co.uk.

In August Onyx acquired City of London based IT firm Moffat Communications, the fourth acquisition for Onyx in the last two years. This has now been followed with the takeover of Disaster Recovery Solutions, which has offices in London and Northampton.

Disaster Recovery Solutions provides IT and workarea disaster recovery products and services to the UK SME market place.

V3 reports that Disaster Recovery Solutions’ director. James Carver will remain in charge of the company, which will be renamed Onyx Business Continuity.

Onyx chief executive Neil Stephenson told V3 that: "This latest acquisition is another key piece in Onyx’s national strategy jigsaw, as we aim to create a UK-wide IT footprint, providing a breadth of IT services to key target markets.”

http://www.onyx-group.net

•Date: 27th Oct 2009• Region: UK •Type: Article •Topic: BC markets and companies
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