ICM acquires ITM Support Services

UK-based ICM Computer Group plc has acquired ITM Support Services, the IBM Support division of ITM Group Limited.

ITM is an independent provider of support for IBM mid-range IT systems. It employs 48 staff and has some 500 customers throughout the UK, ranging from mid-sized companies and professional firms to larger corporates.

ICM is paying an initial £3.5 million in cash, with a further sum of up to £3.0 million payable based on contract renewals and new business wins from existing prospects over the next 12 months.

Mike Osborne, ICM Recovery Services’ operations director explained what impact the acquisition will have on ICM's business continuity services. “The acquisition of ITM Support Services significantly enhances ICM’s existing services for IBM mid-range customers." he said. "It extends our engineer workforce and enables us to offer a wider range of skills, taking us into the top tier of IBM mid-range business continuity providers.”

ICM offers tailored disaster recovery services for AS400 / RS600 systems, including relocatable, workplace, on-line and mobile recovery solutions.

www.icm-computer.co.uk

•Date: 18th December 2003 •Region: UK •Type: Article •Topic: BC markets
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