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August 3, 2015

Node4 buys Premier IT Networks, expands cloud offering

Company expands cloud offering as the average data centre pricing in the UK is forecast to go up 3% by 2020.

By Joao Lima

UK colo Node4 has acquired London-based Premier IT Networks to boost its cloud offering.

The company said the acquisition will help to further expand its services in the future and reinforce its geographic presence, vertical sector capability and augment its IT expertise.

The colo added that it will expand its cloud computing, collocation, network connectivity, telephony and communications services to all Premier IT Networks customers.

Node4 said that Premier IT Networks, an ISO27001 accredited company, is also an approved user of the Criminal Justice Secure Email Service and a member of the G-Cloud procurement framework, which allows the public sector to buy cloud-based services from specialised suppliers.

Andrew Gilbert, CEO at Node4, said: "The Node4 management team is committed to expanding our presence across the UK, as well as our service portfolio, to support the company’s ambitious growth plans.

"This latest acquisition strengthens our London presence, as well as bringing valuable sector expertise, which will allow us to grow our presence in the legal, not-for-profit and public sectors."

Peter Bodley-Scott, IT Premier Networks said: "The acquisition by Node4 will enable us to increase the quality and range of services that we can offer to our cloud customers, which will put us in an excellent position to fulfil our growth potential."

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In a data centre report published by TCL last week, the company revealed that the UK data centre market is made of around 300 hosting facilities, owned by 150 providers.

The London M25 region is the most colo dense area in the country, accounting for 46% of all the UK’s data centre space.

The "TCL Data Centre Pricing UK – 2015 to 2020" report has also found that this trend is changing as more data centres are being built outside the M25 ring, especially in Slough and Manchester.

The consulting firm added that the average UK data centre retail rack space pricing is currently €939 per month. The highest prices are found in London, were a rack can cost up to €1,600 monthly.

The study estimates the average data centre pricing in the country to go up 3% in the next five years.

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