http://www.business-sale.com - Following the acquisition of one of its competitors, Glasgow-based IT firm, Iomart, has doubled its pre-tax half year profits. <br /><br />Earlier this year, the web-hosting firm acquired rival Titan Internet for £4.2 million, after seeing a rise in client demand for cloud hosting solutions. <br /><br />The purchase saw Iomart take control of more than 1,000 servers previously operated by Titan, pushing profits to £1.16 million from £517,000 last year. <br /><br />Since the acquisition, Iomart has won more than 200 new orders and has grown the 'size and quality' of its customer base, according to chief executive Angus McSween.
