Glasgow based tech company, SwarmOnline, is taking over an Edinburgh digital agency in a move it hopes will strengthen its presence in the oil and gas and financial services sectors. The move was announced during a visit to the company by Keith Brown MSP, Cabinet Secretary for Infrastructure, Investment & Cities.
SwarmOnline, a finalist in the recent Scottish Business Awards Tech Company of the Year category, is paying an undisclosed sum for long standing Edinburgh agency Open Platform.
The combined turnover of the two businesses is forecast to hit £2 million in the next financial year and will trade under the SwarmOnline name. Its founder and managing director, Andrew Duncan, said: “The offerings of the two companies are very closely aligned and we both have particular expertise in building web based systems for internal employees as well as consumer facing systems.
“We are experts at building apps across multiple platforms and build hardware in-house for the energy sector. Open Platform is well known in the oil and gas sector and this will be a focus for the new business going forward.”
Cabinet Secretary for Infrastructure, Investment & Cities, Keith Brown, said: “Scotland’s digital economy is growing fast, with huge opportunities available to innovative for ambitious technology companies such as SwarmOnline. I am therefore delighted to visit SwarmOnline and hear first-hand about their expansion into the oil and gas sector and wish them every success moving forward.”
Tony McKenzie, MD at Open Platform will take on a new role of Client Services Director. He said: “Our combined expertise and client lists are complementary and whilst we are particularly strong in oil and gas and financial services, SwarmOnline have a fantastic reputation in energy, utilities and property.”
The new business has 21 staff, but Duncan, winner of 2015 Digital Professional of the Year Award, hopes to increase that to 25 over the next 12 months. Open Platform is currently based at the Gyle, but Duncan is currently looking for a new city centre office. The company will be headquartered in Glasgow.