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Axway buys Vordel
I have been an early stage investor in Vordel (which has its HQ in London) since its inception in 1999 via my involvement as a general partner/investor in Elderstreet Capital Partners. ECP is in the...
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BT launches its health cloud
We were interested to see that BT has unveiled two new cloud-based services for the UK health market at the EHI Live conference in Birmingham this week. The services, covering medical transcription and...
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Gresham’s pace slows further
Continuing the trend set in H1 (see Gresham’s pace slows), revenue growth at veteran finance sector software and IT services firm, Gresham Computing dipped again in the last 4 months, to a still...
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Imagination and ARM buys MIPS
I remember back in the 1980s developing systems to run on the newly announced 32-bit MIPS processors. Conversely I find it difficult to remember the last time a UK company bought a US semiconductor...
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KashFlow appoints Raj Patel as Vice Chair
As I hinted in Valuing the Sage bashers a few weeks back announcing that Duane Jackson had sold some of his shares in KashFlow (cloud-based accounting system for SMEs) for just short of £1m to Nathan...
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Patch in a Storm
In my note yesterday – AOL gets a new lease of life– I mentioned their new local news service – Patch. I was therefore really interested to receive the following comment from an avid HotViews reader in...
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SecureData secures first acquisition
Four months after its August Equity-backed MBO (see here), Kent-based security managed services firm SecureData has made its first acquisition, that of Surrey-based, self-styled ‘Application Delivery...
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Workday raises its competitive pitch
Flushed from the success of its recent IPO (see here), Workday is now in the midst of its conference and is making product direction announcements that will further unsettle established tier 1...
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Cognizant UK inches towards double-digit growth
UK growth at New Jersey-headquartered but India-centric Cognizant is still lagging that of the rest of the business, but by our estimates there is still chance that Cognizant UK could make it into...
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Micro Focus squeezing out EBITDA improvements
There was nothing alarming in today’s pre close trading up date from Micro Focus, just signs that reflect the ongoing switch to a greater software emphasis and away from loss making consultancy....
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NA overtakes UK as Capgemini’s largest market
I have to be honest and say that I have often wondered why European IT services firms (as distinct from software firms) want to chance it in North America – other than to ‘follow the client’ – as such...
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Sopheon: visibility looking up
Sopheon continues to show signs of the business improvement that have been apparent over the past year but is still overhauling the corporate structure to improve its balance sheet. On the business...
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Xchanging acquisition for troubled Italian operation
Having recently got the plaudits for renewing its flagship Lloyds of London IT/BPS contract (see Xchanging renews Lloyds BPS deal), Xchanging has now made a curious move to bolster its activities in...
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Anite reprises a familiar theme
Anite performed in line with expectations and delivered increased yoy revenue for the six months to October 31 2012 according today’s trading update, which is quite a feat given the strength in H1 last...
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Brazilian BRIT expands R&D to the UK
It’s one of those rare ‘man bites dog’ stories. I met up the other day with Yuryi Ferber and James Harrison, co-founders of Sao Paulo-based financial services technology consultancy, BRIT Services...
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CGI/Logica bounces back with DoH payroll deal
CGI/Logica is doing its best to bounce back from its recent contract termination at BAE Systems (see BAE terminates HR BPO deal with Logica) with the news that it has been selected as preferred...
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Groupon plunges - again
‘I’ve never much liked Groupon…” was how I started my last post in Aug (See – Groupon gets the ultimate discount coupon) More ‘reasons not to like’ were provided last night with continued qoq declines...
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Oracle buys more cloud PPM assets
Oracle has been buying again, this time focusing on project portfolio management (PPM) with the purchase of Instansis for an undisclosed sum. Its cloud and on premise PPM capabilities are destined to...
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QualiTest: new testing kid on the UK block
Software testing pure play QualiTest is not a known quantity in the UK but hopes to change that, starting with the acquisition of UK-based software testing consultancy TCL. QualiTest, whose backers...
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StatPro supports cloud transition with £6m placing
There is no doubt that the transition from a traditional ‘on premise’ software publishing model to that of a SaaS pure-play is not for the faint-hearted for the many reasons we have been espousing for...
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