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Logica halves margins at ‘flat’ CGI
Today we saw the first effects of the Logica acquisition on the financial performance of its new parent, Montreal-based CGI. And you wouldn’t say things have exactly got off to a flying start. In fact,...
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Staffordshire £1.7bn megadeal Capita’s largest ever
Having announced preferred bidder status on a £320m IT/BP deal at Barnet Council last week (see Capita beats BT at Barnet), Capita has secured preferred bidder status on another, even bigger deal for...
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Digital Barriers: Strategically significant wins
It was only a week ago that we commented on an optimistic set of full year results from Digital Barriers– see Digital Barriers: profitability in sight. Today the provider of specialist surveillance...
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IBM wins 'smart' MoD contract
An interesting contract win for IBM. It has been selected by the MoD’s Defence Infrastructure Organisation (DIO – previously Defence Estates) to help it gain greater insight and intelligence in...
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Ideagen on track
So far so good for compliance-based information management supplier Ideagen, which provided its first update since listing on AIM in July (see Ideagen joins AIM). Trading in the six months to 31...
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Phoenix H1 hit by ‘double whammy’
The impact of both ‘Servogate’ (see Phoenix uncovers accounting hole at Servo) and ex-CEO David Courtley’s attempt to unify the company’s disparate businesses (see Phoenix IT: three become two become...
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Triad trundles back to loss
The now proverbial ‘challenging market conditions’ pushed veteran IT staff agency (ITSA), Triad, back into a £151k net loss after poking its head briefly above the profit parapet this time last year...
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Harvey Nash bounds ahead
Although there were various ‘swings and roundabouts’ involved, UK-based international recruitment, outsourcing and offshoring firm, Harvey Nash has raised its expectations for FY13 pre-tax profit (to...
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Isis Forensics gains new funding
Natural language search start-up Isis Forensics, has secured a ‘significant’ investment from The North West Fund for Venture Capital and Lancashire County Council’s Rosebud Fund. Isis Forensics is a...
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Logicalis UK MD to depart in the New Year
Our good journalist friend - Paul Kunert at “Channel Register” - has revealed that Tom Kelly, UK MD at Logicalis, will stand down in the New Year. Kelly has been with the firm for around 10 years,...
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Monitise to monetise more investor interest
When you’re on a roll you may as well pedal harder. At least that seems to be the philosophy of Alastair Lukies, founding CEO of AIM-listed, mobile banking player, Monitise. After a successful £24m...
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SThree accelerates CEO transition - closes FY ‘in line’
As planned, recruitment firm, SThree, will close FY12 (to 25th Nov) significantly less dependent on its legacy (though still core) activities as a UK-based IT staff agency (ITSA). Today, SThree gets...
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Upgrades take toll on Pilat Media
Pilat Media, the London based supplier of business process management software for broadcasting companies, missed Q3 as the ‘hungry task’ of upgrading clients to its new IBMS V6 product took its toll...
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Share Indices in November 2012
‘Steady as she goes’ would be a good description for most of indices we follow. As you can see from the chart, NASADAQ, FTSE100 and TechMark100 all advanced between 1 and 2% - which is actually pretty...
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Access Group expands NFP business with thankQ
UK-based mid market business applications provider Access Group has bagged its seventh purchase within a 12 month period with the £2.7m acquisition of not-for-profit (NFP) CRM provider thankQ. Access...
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Civica outperforms the market in 2012
Civica is proof that it’s possible to grow in double digits in the UK public sector SITS market even in these straightened times. Its preliminary FY12 results reveal a 12% increase in total revenue to...
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Disappointing slump in UK VC investment
After a stunning start to the year for UK VC investment (see Best half-year in a decade for UK tech VC investment), latest data from corporate finance firm Ascendant revealed a substantial slump in Q3....
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Fair taxes?
The news for the last few weeks has been increasingly dominated by the corporate taxes paid (or, to be more precise,‘not paid’) by the large global companies operating in the UK market. Many of those...
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Mphasis takes Digital Risk
While HP remains mired in the fall-out from the Autonomy acquisition (start here and work back), Mphasis, its majority-owned but still separately listed Bangalore-based offshore services subsidiary,...
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NorthgateArinso expanding business with new best friends
It was good to see HR-specialist NorthgateArinso demonstrate its ability to roll with market change during an update meeting with the company last week and that this skill is having a positive effect...
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