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Still relatively quiet on European tech M&A front
Without the $14bn megamerger between T-Mobile USA and MetroPCS Communications, activity and valuations for deals involving European TMT companies would still be showing little sign of uptick in...
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Xchanging in line, but focus raises concern
An 'in line' update from Xchanging for the period since the end of the first half (see Xchanging passes its nadir), shows the business process services provider is on track to meet its FY12...
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Entry-level jobs in tech
Every HotViews reader must know by now that I have great concern for our young generation – particularly the 1m aged between 16 and 24 not in education, employment or training. That’s one of the...
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Application Services: pounded on multiple fronts
UK Application Services has not been the most comfortable of sectors to do business within over the last 12 months or so and it is not going to get any easier. Suppliers are faced with the need to...
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Aveva still solid
Engineering data and design IT systems provider Aveva is still in a comfortable position half way through the year, with revenue growth in double figures again and the company confident about its...
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Idox to beat FY expectations
Software and services provider Idox expects FY12 results to come in ahead of forecast, with revenue, EBITDA and adjusted pre-tax profits, all ‘comfortably ahead’ of expectations. Apparently organic...
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IT-enabled support services converging with BPS
Support services players are evolving to become more involved in the transformation of their clients’ front line service delivery, to make them more efficient, more productive and more competitive....
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Maxima joins ‘Dearly Departed’
Today we mourn the stock market passing of mid-market software and IT services veteran Maxima, whose earthly remains are now consigned to managed infrastructure provider and reseller Redstone (see...
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Microgen struggles towards end of year
H1 was a poor period for Microgen (see here) and H2 is looking just as bad according to today’s interim statement from the company. Revenue is expected to slump 10% sequentially, although due attention...
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Nasscom ‘blinks’ on offshore growth
Nasscom, the industry association for Indian offshore services suppliers, has softened its already muted view on the growth prospects for the sector. Back in February, Nasscom had forecast that ‘export...
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Capita on track thanks to ‘buoyant’ BPS business
Capita is on track to deliver 3% organic growth and a ‘strong profit position’ in 2012, and anticipates further strong progress in 2013, according to today’s IMS. It’s seen a record £1.7bn of major...
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CWW business hits Vodafone’s European margin
Vodafone’s results for the six months to the end of September are a mixed bag. Group revenue was up 0.2% organically (down 7.4% as reported) to £21.8bn reflecting a weakened macroeconomic environment...
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Windows boss leaves Microsoft
With impressions of the make or break Windows 8 launch still front of mind, Microsoft has announced that Windows boss and 23-year Microsoft veteran Steven Sinofsky (who has also been talked about as a...
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UK local government market trends & forecasts
In reviewing the happenings in local government during 2011/2012, one would be forgiven for thinking that local authorities are being mandated by the Cabinet Office to adhere to the UK Government ICT...
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BT makes cash offer for Tikit
BT has announced its intention to buy Tikit for approximately £64.2m – based on an offer of 416 pence in cash for each scheme share. This represents a premium of approximately 18% to yesterday’s...
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Cisco the bellwether
There are a handful of companies that are considered bellwethers in our sector. So Cisco’s results last night, which beat expectations and lead to a 7% share rise after hours, are worthy of note. But,...
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One-off events and acquisitions drive up Blinkx
As presaged in its trading update last month (see here) video search technology company Blinkx has delivered its “exceptional” H1 (for the six months to September 30) with revenue up 84% to $44.6m, and...
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Quindell raises another £20m
Having raised £26.5m just two weeks ago (see Quindell makes another dash for cash), buy and build insurance BPS player Quindell Portfolio is now raising another £20m, this time from a new institutional...
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Tribal IMS: Mixed bag
Tribal Group’s interim management statement (IMS) covering the period from 30th June 2012 is “in line with expectations” but indicates that diversity in the performance of its two businesses –...
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Avanade bulks up Microsoft services with Azaleos
Avanade, the technology and managed services provider that was founded in 2000 by Accenture and Microsoft, has signed an agreement to acquire Azaleos, a specialist in remote monitoring and management...
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