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Virgin Money extends Fujitsu VME deal
Virgin Money, which took over Northern Rock and is now seen as one of the UK’s leading “challenger banks”, fighting to build market share, has agreed a new five year contract with Fujitsu. Fujitsu...
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Anite: Out of Phase?
Anite, predominantly a wireless testing business, has brought forward its first quarter update to clarify the trading situation and to re-set near-term expectations. Excellent full year results were...
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IBM to tackle end point security with Trusteer
End points have become a security hot spot in response to the number and type of end point devices that are intensifying the overall threat profile for organisations and for customers carrying out...
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Syndication a key funding aspect for 4th Aspect
Despite the notable decline in syndicated venture capital deals last quarter (see UK tech VC investment plummets), co-funding remains an important source of investment for UK start-ups and SMEs....
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Continued progress at Arcontech
Quoted on AIM, Arcontech is a real-time software specialist providing products and bespoke systems for collection, processing, distribution and presentation of time-sensitive financial markets data....
View ArticleIndustryViews Venture Capital Q2 2013 out now
Eligible TechMarketView subscription service clients can download the latest edition of IndustryViews Venture Capitalto read our concise quarterly summary of venture capital investment in UK software...
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Quindell reports some numbers
I have long since given up trying to make head or tail of AIM-listed, (mainly) insurance-focused business process services player Quindell Portfolio, but it behoves us to note that the company has...
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Autodesk snaps up UK BIM specialists
The UK has once again proved its ability to create software vendors capable of generating sought after products that are duly acquired by larger US providers. This time is it Autodesk who has acquired...
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Harvey Nash pedals harder to boost cash
Despite continued gross margin erosion, UK-based international recruitment, outsourcing and offshoring firm Harvey Nash expects to report “substantially better” cash generation in first half (to 31st...
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In for the Skrill!
CVC Capital Partners have moved decisively to buy a majority stake in the UK online payments provider Skrill, paying Investcorp around €600m. This purchase comes at a key time as the pace of change in...
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Abacus counts on Business Growth Fund
London-based content management system developer, Abacus e-Media, has scored a £2.25m investment from the Business Growth Fund, the VC investment vehicle co-owned by Barclays, HSBC, Lloyds Banking...
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Angels smile on Adventoris
Armed with only a teaser video of its forthcoming mobile cloud app (OK, there’s probably a prototype too), Huddersfield-based SaaS start-up Adventoris has raised £600k in a funding round led by the...
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Capita bags MoJ's £400m electronic tagging deal
The Ministry of Justice (MoJ) has chosen Capita as the preferred supplier for its high profile electronic monitoring contract. The announcement comes just weeks after incumbent suppliers Serco and G4S...
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How old to be a 'Veteran'?
One of things that you have to get used to as you get older is the application of the adjective 'veteran' to every comment you make in the press - as in 'veteran analyst Richard Holway said.." it...
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mPowa empowered
Hard on the heels of yesterday’s announcement that CVC Capital Partners had bought a majority stake in Skrill, the payments platform, comes the news that Powa, an e-commerce company, has raised $76m...
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HP Q3 revenue down, outlook revised
HP’s Q3 performance makes for uncomfortable reading in many areas, with group revenue down 7% to $27.2bn. EMEA was down 8% to $9.6bn and Europe specifically was described as being “challenging”....
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Mood tackles outsourcing decisioning pain points
With enterprises increasingly demanding that services suppliers prove the link between their offerings and specific business outcomes, the bid process has become much more complex. Meanwhile declining...
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Sopheon struggles with licence sales again
The cyclic nature of Sopheon’s business was apparent once again in its H113 results, with flat licence sales. Although overall results were in line with public expectations, management admitted they...
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UNIT4 H113: strong growth in cloud solutions
Netherlands headquartered business software company, UNIT4 posted positive results for H113, with total revenue increasing 4.1% compared to 1H 2012, to €240.3 million. For the first time, revenues from...
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More pain at Autodesk
Shares dropped by c4% in after hours trading for Autodesk following the release of disappointing Q2 results and a below par Q3 forecast. For the quarter ending July 31 2013 revenue was down 1% yoy to...
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