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Fourth accepts ‘hospitality’ from ECI
Covent Garden-based hospitality industry SaaS company, Fourth Hospitality, has recently undertaken a management buy-out with funding from London-based private equity firm, ECI Partners. As...
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How do you make a million march in step?
I spent a rather useful day and a half with TCS in Paris earlier this week. It was their annual European Analyst briefing and TCS had gathered many of their European country market chiefs and a goodly...
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Computacenter finds its Sharepoint solution in ICS
Computacenter has announced it has taken a £500k minority stake in Basingstoke-based Microsoft SharePoint configuration services business, ICS Solutions. Computacenter CFO, Tony Conophy, told me that...
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New force in consumer IT services
In a surprise announcement, Tesco, the UK’s largest supermarket, is to join forces with the world’s largest internet retailer to create the first consumer IT services player to offer free delivery on...
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Shares indices in March 11
This is one of those strange months when if you had taken a four week holiday to some remote, non-internet connected location you would return to look at your share portfolio and say “Quiet month,...
View ArticleComputacenter's Universal Floating Option
Direct quote from George O'Connor (Panmure Gordon) lead article in his morning email. Computacenter engineers might have come up with the notion of ‘locational flexibility’ and the ability to create a...
View ArticleWork experience
Last year I presented the prizes at Wellington School – my old school - and instigated a Holway Prize for the pupil making the greatest contribution to technology at the school. I gave the winner an...
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Why I don't 'get' Twitter or Groupon
Let me be really honest. I admit to being an avid Facebook user – I really ‘get it’. Although I don’t really get much out of LinkedIn myself, my recruitment friends swear by it and therefore I too ‘get...
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CSC confirms iSoft bid
Earlier this week we reported the rumoured takeover of troubled iSoft by CSC. This has now been confirmed. See CSC press release. The bid is at A$0.17 compared to iSoft's A$0.05 when share dealings...
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Wipro reverts to an India-centric world
At first I thought it must be an April Fool’s joke, but it seems not. TK Kurien, Wipro’s new CEO (see Wipro surges in Europe and turfs joint CEOs) has completely dispensed with the company’s regional...
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SITS providers lose out in DWP Work Programme
There was some bad news for the UK SITS sector on the announcement of the Department for Work and Pension’s list of suppliers for its ‘Work Programme’, aimed at helping people off benefits and back...
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CSC to acquire iSOFT
Anyone who has followed the ups and downs of healthcare application provider, iSOFT’s turbulent past may well consider it appropriate that news it is to be acquired by CSC was confirmed on April 1. As...
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Clarity warns on full year
POS and ticketing software company, Clarity Commerce Solutions has firmly hit the reverse button, with a full year revenue and profit warning, and subsequent restructuring, after making more positive...
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Alterian disappoints in Q4; CEO resigns
Q4 was a disappointing one for marketing software vendor Alterian, which today warned that it expects revenue for the year to 31 March to be 10% below market expectations (which are £42-£44m). Profits...
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Stephen Kelly and the new 'mutuals'
I note that Stephen Kelly has a new job. See Independent – Maude names new boss to kick start public sector mutuals. Kelly, ex-CEO of Micro Focus ( see our Sept 09 post Kelly resigns from Micro Focus –...
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And then there were none!
Well, I spoke to soon. It looks like Wipro CEO TK Kurien has completed his sweep of the top team, with the departure of Mark Fleming (pictured), the only non-Indian among his direct reports (see Wipro...
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Civica puts emphasis on BPS with Cave Tab acquisition
Privately-held software and services firm Civica has made another bolt-on acquisition in the UK public sector space. It’s acquiring Northampton-based SME Cave Tab for an undisclosed sum. The document...
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Mouchel free at last!
Construction group Costain has decided to give up on its various attempts to acquire Mouchel, after being rejected for the third time on 29 March (see Mouchel rejects reduced Costain and Interserve...
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Dillistone revenues up 16%
AIM-listed recruitment software company Dillistone Group has reported revenue for the full year ended 31 December of £4.3m (up 16%), and pre-tax profits up 9% to £1.2m (margin 28% vs. 30% the previous...
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Proactis feels the pain of Cloud transition
AIM-listed ‘spend control’ software provider Proactis has seen a quicker than expected uptake of its transactional priced cloud-based solutions and its financial results bear the scars of the change in...
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