A BASINGSTOKE-based support service provider has been taken over.

Nymad, based on Chineham Business Park, has been acquired by dsp, a database and cloud managed services provider based in the City of London.

Nymad is a specialist Oracle, Microsoft and Open Source Support Services provider, established in 2011.

The firm specialises in providing specialist database support and business intelligence services across Microsoft, Oracle and Open Source platforms for a domestic and international public and private sector client base.

Simon Goodenough, dsp’s executive chairman, Simon Goodenough said: “I’ve been an admirer of Nymad for a number of years and am delighted to welcome them into the dsp fold.

“Their skill levels and market reputation are highly prized and I believe that both of our businesses have been built around a solid ‘customer first’ service mind-set.”

“This is our largest acquisition and a major step in our long term strategy to become the UK’s foremost independent provider of database and data platform managed services, whether on premise or in the cloud.”

Nymad’s chief operating officer and co-founder, Chris Jones, will remain with the business.

Browne Jacobson advised dsp through the acquisition process.