NS Design in hosting deal
NSDesign have negotiated a deal to sell their hosting division to serial technology entrepreneur Graham Duncan's latest venture, Broadband Cloud Solutions (BCS).
BCS is reportedly paying a “six-figure sum” to NSDesign, the marketing company that lists Highland Spring, law firm Harper Macleod and Scottish Enterprise among its clients.
Under the deal, NSDesign founder Gary Ennis will take a 10 per cent stake in BCS. Graham Duncan, is perhaps best known for his time as chief executive of Atlantic Telecom.
Duncan said the takeover deal was part of his strategy to build up his latest business by serving small and medium-sized companies and people working from home. Ennis added: “In recent years, NSDesign has become known for its social media training and consultancy work. Selling our hosting division will allow us to concentrate on this growing and profitable area of our business.”
Read the full story at The Scotsman