Liberata quietly pursuing acquisitions
Local government business process services (BPS) provider Liberata is attempting to re-emerge from the shadows quietly adding two recent acquisitions. Funding for the deals was provided by Liberata's...
View ArticleSerco sells UK transport tech business to Cubic
Serco's latest asset disposal (see Serco exits occupational health),is its ‘London streets maintenance and UK transport technology business’, which has been sold to US-based transportation IT giant...
View ArticleTIG secures handful of US contracts
The Innovation Group appears to be motoring along in the US. The insurance software and business process services (BPS) provider has won three new contracts for its Innovation Insurer software suite, a...
View ArticleToupee or not? Sony answers the question
When you read a great headline, why not copy it? Toupee or not? Sony answers the question was Nic Fildes’ headline in The Times today announcing that Sony had registered a patent for a SmartWig, To...
View ArticleWorkday beats the street in Q3
Workday has had a good week so far with shares jumping (c8% after hours and around 12% the next day) on the back of a high growth Q3 and a Q4 forecast ahead of market expectations. Q3 revenue was up...
View ArticleTriad bowed but not beaten
Continuing its seemingly endless war of (revenue) attrition (see Triad soldiers on), veteran IT staff agency, project shop and geographic information software business Triad is sinking deeper into the...
View ArticleUS court rules HP shareholders can't sue Mike Lynch
There seemed to be a great wall of silence from HP on the current state of the various investigations and proceedings against Autonomy, Mike Lynch and his managers. But I got a news alert yesterday...
View ArticleA bit of housekeeping at Fujitsu
Fujitsu today announced its intention to de-list its shares from the London Stock Exchange– essentially a recognition of the sea-change in financial markets over the past thirty years and an obvious...
View ArticleDigital Barriers: Keeping the faith
A year ago, Colin Evans, MD of Digital Barriers, told us that breakeven was in sight (within 12 to 18 months) for the specialist provider of advanced surveillance technologies – see Digital Barriers:...
View ArticleNpower in controversial BPO with Capita and TCS
‘Big six’ UK energy supplier RWE npower is in now in final negotiations to outsource its customer management to Capita and back office administration services to TCS. Yesterday, npower broke the news...
View ArticlePilat Media: delivery still an issue
The top line Q3 numbers for Pilat Media, who provides business process and content management software and services to the broadcast industry, look strong but the period did benefit from poor year ago...
View ArticleSymantec dropping Backup Exec.cloud
Word has emerged that Symantec is to drop its cloud back-up service Backup Exec.cloud. It will stop selling new subscriptions from January 6 2014 and existing users will have 12 months to find an...
View ArticleTough times for Phoenix in H1
H1 results out today from Phoenix show revenue declined 5% to £116.9m in the six months to the end of September. Group underlying operating profit slumped 22% to £7.7m (the margin consequently reduced...
View ArticleAccess Group extends with FactoryMaster
Selectively acquisitive UK business application provider Access Group has made another purchase, this time to bolster its manufacturing supply chain capability, with the acquisition of Nuneaton-based...
View ArticleImproving quarter for Harvey Nash
After a bit of a mixed story in the six months of the FY (see Harvey Nash has ‘curate’s egg’ first half), business has picked up for UK-based international recruitment and offshore services firm Harvey...
View ArticleMetaPack takes £20m delivery from Index
London-based delivery logistics SaaS platform developer MetaPack has scored a £20m investment from Index Ventures to boost its domestic and international ambitions. It has taken MetaPack a fair while...
View ArticleSeeing Machines – looking ahead
Seeing Machines, the Australia-based, but AIM listed provider of visual computing systems that track faces, eyes and facial features in real-time, has announced the successful pre-placement of a £15m...
View ArticleTech Mahindra engineers merger with sibling MES
In a rather intriguing diversification of strategic direction, Mumbai-based offshore IT services firm Tech Mahindra is to subsume sibling engineering consultancy Mahindra Engineering Services (MES)....
View Article2013 - The 'Make or Break' Year
A year ago we unveiled our theme and predictions for 2013 – MAKE or BREAK. We’ll be announcing our theme and predictions for 2014 soon. But first let’s look at those 2013 Predictions which you can...
View ArticleAccumuli grows Splunk capabilities with Eqalis acquisition
UK managed security services player, Accumuli, has acquired the entire issued share capital of Eqalis Ltd for a net consideration of £1.9m (£700k payable on completion, and a further £1.2m payable over...
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