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‘Anticipated’ UK drop hits Mastek
It was not the most auspicious welcome to the UK for Sudhakar Ram, co-founder and global CEO of Mumbai-headquartered Mastek, who recently took over direct control of Mastek’s UK operations (see here)....
View ArticleActivitist rounds on Microsoft after miss
That Microsoft Q4 ‘miss’ wiped 11.4% or over $30b off its value on Friday. See Microsoft misses in Q4. BTW - That's equivalent to two Nokias. It also encouraged ValueAct– the activist shareholder...
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Vocalink puts some ZAPP into Mobile Payments
In a recent meeting with TechMarketView, David Yates, the CEO of Vocalink, the operator of the UK banks payments system, presented a clear vision of how their operation is evolving and how it can...
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Brady continues to grow
Brady, supplier of trading and risk management software for metals, recycling, energy and soft commodities, reports continued top-line growth in the six months to end of June 2013. First half revenue...
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Cinven acquires Host Europe from Montagu Private Equity
Private equity firm, Cinven, has acquired Host Europe Group from Montagu Private Equity for a total consideration of £438m. The company was originally bought by Montagu in 2010 for £222m. When Montagu...
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eg strengthens management team
After appointing tech entrepreneur John O’Connell as non-executive chairman in March (see here), back office optimisation software provider eg solutions is now further strengthening its senior...
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Microgen: First Half as expected as strategic review continues
In May we reported on Microgen’s decision to undertake a wide-ranging strategic review (see here). This is still ongoing and it could be several months more before shareholders will be informed of the...
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Monitise maintains momentum with ICICI deal
Monitise today announced a major deal for its Movida joint venture with VISA, to connect ICICI’s customers to Movida’s mobile payments service. ICICI is India’s largest private sector bank and this...
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SaaS search firm Invenias finds $1.5m funding
Reading-based executive search SaaS developer Invenias has raised some $1.5m in a funding round led by MMC Ventures. Also participating in a personal capacity was Eden Ventures founder, Mark Farmer....
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SAP to drop dual-CE structure
SAP has announced plans to abandon its joint chief executive structure from May 2014. Co-CEO Jim Hagemann Snabe will move to the supervisory board leaving American Bill McDermott as the sole CEO. The...
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Allocate's mixed year
The headline numbers from Allocate Software’s full year results tell far from the whole story. They show revenue in the year to the end of May up by 1% at £37.1m and EBITDA down by 25% to £4.8m. At...
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Apple fails to excite
I used to get really excited about every quarterly Apple earnings statement. Indeed on every Apple announcement ‘full stop’. But it seems an age since I got ‘excited’ about anything ‘Apple’. Still, I...
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Genpact partners with automation player Ayehu
Offshore IT/BPS player Genpact has announced a new partnership with Israeli IT process automation provider Ayehu Software Technologies Ltd. The partnership is for Genpact’s IT managed services...
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Getronics moves Alpha into the cloud
Getronics has announced a £10m deal with Alpha LSG, a UK in-flight caterer. This is a new logo win for Getronics. The project, which has now been completed, saw Getronics integrate all of the company’s...
View ArticleIndustryViews Quoted Sector Q2 2013
Eligible TechMarketView subscription service clients can download the latest edition of IndustryViews Quoted Sectorhere to see our latest analysis of how the stock performance of UK software and IT...
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Jobandtalent ‘pivots’ into €2.5m
Continuing the recruitment platform investment theme (see SaaS search firm Invenias finds $1.5m funding), another unlikely suspect – UK- and Spain-headquartered Jobandtalent – has attracted €2.5m of...
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Monitise: Trading update confirms pivotal position in mobile commerce
Following on from yesterday’s announcement about the ICICI deal, Monitise has given a trading update, listing the numerous steps forward it has made in recent months and confirming a near-doubling of...
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Sage Q3 in line
Since closing the half year with a clean sheet (see here), Sage continues to perform in-line in Q3, with continuing ‘good performance’ in the UK and Ireland thanks to growth driven by legislative...
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SSP to benefit from leading positions across the insurance value chain
SSP Group, the provider of IT services to the general insurance industry is beginning to show the benefits of several years’ consistent effort. SSP has been able to build a unique position which is...
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ValidSoft offering additional security in a multi-channel world
The next phases of the growth of on-line and mobile commerce will depend on the degree of security and the customer experience that can be delivered to the user. Smartphones, although powerful and with...
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