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BT Global Services appoints new CEO
BT announced today that Jeff Kelly is to stand down as CEO of BT Global Services (BTGS) to be replaced by Luis Alvarez – 12 year BT staffer who currently runs BTGS Europe, Middle East, Africa and...
View ArticleDCC shoots Altimate to Arrow
DCC SerCom, the IT distributor group of companies that operates as part of Dublin-based diversified support services firm, DCC, has sold its Altimate business to US-based electronics giant Arrow, for...
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Healthy growth for ACS in H1
Advanced Computer Software (ACS) has, once again, proven that it is possible to grow strongly in the UK public sector IT market despite tough economic conditions. ACS, which derives around 60% of its...
View ArticleIndustryViews Venture Capital quarterly review
Eligible TechMarketView subscription service clients can download IndustryViews Venture Capital, our concise quarterly summary of venture capital investment in the UK software and IT services...
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m-hance making quiet progress
We covered the launch of m-hance, the roll-up mid market business software provider backed by Jon Moulton’s private equity Better Capital firm, last November (see Mid market debutante: mhance). It was...
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Smith brings Maxima to the Redstone party
It was almost exactly a year ago to the day that Kelvin Harrison, the affable founder and executive chairman of the venerable but troubled mid-market software and IT services firm, Maxima, invited IT...
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SocialGO fails to convert the freebies
They were a week later than originally promised, and as expected the half-time results from AIM-listed, social media SaaS pure-play, SocialGO, did not make pretty reading. After last month’s revenue...
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Tech M buys mobile payments specialist Comviva
Hot on the heels of its $87m acquisition of Hutchison Global Services (HGS) earlier this month (see here), telco-focused offshore IT/BP player Tech Mahindra has now acquired a majority stake in mobile...
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WANdisco gets smart with subversion!
Sheffield-headquartered WANdisco (Wide Area Network Distributed Computing), the self-styled ‘leading provider of global collaboration software’, has acquired the SmartSVN product from German software...
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Infosys boards first five UK apprentices
Bangalore-based IT services firm Infosys has taken on board its first five apprentices in the UK, kicking off a programme that should see 100 such placements over the next 5 years (see The Infosys...
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Invu squeezes into profitability
Battling document management software provider Invu broke through the barrier and made it back into net profitability in H1 2012, coming in £0.04m in the black vs £0.22m in the red for the same period...
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K3 takes down sale boards as profits trim
The news that AIM-listed mid-market VAR and managed services buy-and-build firm K3 Business Technology Group is no longer up for sale (see K3 puts up ‘For Sale’ sign for real) came as no great...
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Larsen & Toubro restructures IT unit
You’d probably have to be one of the cognoscenti to know of Indian industrial conglomerate, Larsen & Toubro, though you may recall that their fledgling IT division, L&T Infotech, tried to buy...
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Oracle bolts on more social networking capability
Oracle is pushing its cloud programme along with the announcement that it plans to buy SelectMinds, who provides social networking-based software for recruiters. Terms were not disclosed but this will...
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Quindell buys Quintica for emerging markets
Quindell Portfolio, the ambitious buy and build insurance BPS player, is making its first acquisition outside the UK, taking on South Africa-based telecoms systems integrator and outsourcer Quintica...
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All the latest from TechMarketView
As we start to feel the chill of autumnal mornings, TechMarketView subscription service clients can feel warmed by the fact that they continue to get excellent value for money from our range of...
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UK police SITS market: in-depth view
Following the publication at the beginning of the month of our third annual UK public sector SITS market trends & forecasts report, TechMarketView’s PublicSectorViews team today publishes a deeper...
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eg solutions carrying the cost of growth
Customer growth is coming at a cost for back office optimisation software provider eg Solutions whose H1 2012 results reveal a 35% yoy dive in profits before tax, and a fall in gross margin from 64.7%...
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Instem profit slumps in first half
Having warned on FY12 revenue and profits as early as July (see Instem warns on full year), Instem, the AIM-listed provider of IT applications to the ‘early development healthcare market’, has...
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K3 – the joys and perils of ‘buy and build’
It’s always both a pleasure and an education chatting with K3 Business Technology Group CEO, Andy Makeham because he is a past master of ‘talking the talk’ and pretty much 'walking the walk'. And...
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