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Amazon Prime Air
Last week I suggested, in my article Toupee or not? about Sony filing an application for a ‘wearable computer’ inside a wig, that this was a worthy April Fool’s joke. It wasn’t. Today the BBC is...
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Innovation Group breaks £200m revenue mark
Insurance software and business process service (BPS) provider The Innovation Group (TIG) has capped off what CEO Andy Roberts said is their ‘strongest, most successful ever’ with a double-digit...
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Innovation Group breaks £200m revenue mark (update)
After announcing impressive full year 2013 results (see Innovation Group breaks £200m revenue mark), we spoke with Andy Roberts, CEO, and Jane Hall, FD of The Innovation Group, to discuss the detail...
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NEW: The IT services piece in Colt's growth puzzle
In FY12, Colt hit the significant milestone of returning to growth (in Euros) for the first time in seven years. However, management’s ambition doesn’t stop there. The objective is to achieve compound...
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Servelec joins the Main party
Servelec became the largest UK tech IPO for three years when it began trading on LSE’s Main market this morning. Shares in the company, which reported a turnover of £39.4m and adjusted PBT of £11.9m...
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Share indices for November 13
The only index change of note this month was NASDAQ which rose 3.6% making a pretty extraordinary 34.5% rise YTD. Indeed NASDAQ closed at 4060 – the highest close since April 2000. See Let the good...
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Acquisitions boost Accumuli’s H1
Acquisitive security firm, Accumuli, has closed H1 (ending September 2013) with revenues up 23% to £7.7m - thanks largely to acquisitions. Indeed, only yesterday the firm announced it was buying...
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Arria NLG to debut on AIM
The big data movement is giving a boost to UK-based software development business Arria NLG, who builds mission critical enterprise level software for the oil and gas industry (e.g. monitoring large...
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Daisy does the dip in H1
AIM-listed communications services firm, Daisy, saw H1 revenue (ending September 2013) decline 2% to £173.9m - primarily as a result of its declining fixed line network services business and a change...
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Gresham moving up a gear
Two weeks after a positive trading statement, see here, we can now see some of the reasons underpinning the management’s confidence. Today Gresham announced another contract with a blue-blooded London...
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HP appoints new Head of UK Public Sector
If there’s one job that could be described as challenging in the current climate it would be leader of the UK public sector division of the leading SITS company in the UK public sector market. HP has...
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Micro Focus finding growth prospects among acquisitions
The overall numbers were pretty much in line with expectations for Micro Focus half way through the year but what was noteworthy was the increase in full year guidance, which was due to acquisitions...
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Proxama – Tagging along nicely?
Proxama, the recently AIM-listed m-commerce company majoring in NFC (Near Field Communications) technology has announced a successful placing to raise £8.6m. This was done at a deep, 41% discount to...
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Ubisense senses Asia opportunity with Interworks
AIM-listed, Cambridge-based ‘real-time location intelligence’ products and services company Ubisense has taken a bold step to further its Asian expansion ambitions by acquiring its Japanese partner,...
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Wipro buys US mortgage specialist for BPO
Wipro is attempting to bounce back from recent disappointments (see here and work back), paying £75m to acquire Opus CMC (Opus Capital Markets Consultants LLC), a US mortgage risk management specialist...
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Alibaba for London IPO?
I see that David Cameron, on his trip to China, is working hard to persuade Alibaba to do its upcoming IPO in London – not NASDAQ or NYSE. See The Times article today. If he was to be successful, it...
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Blinkx gets mobile with Rhythm NewMedia
Fast growing video search platform provider Blinkx is about to grow again through the acquisition of specialist mobile video advertising platform provider Rhythm NewMedia. Blinkx will pay $65m (£39.7m)...
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Sage loses Boring Award
Although Sage’s results for the full FY13 (see Sage making progress) were well received with a near 10% rise in its share price early on, they did report a major decline in basic EPS from 18.63p to...
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Sage making progress
Sage reported full year revenue up 3% to £1.38bn, with similar growth in EBITDA. European business was flat, with the US and the Rest-of-World operations up by 8%. Losses on disposals halved pre-tax...
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Accenture launches three new divisions
Accenture is promoting new CE leads to its global management committee from the start of 2014, who will head up three new divisions Accenture Digital, Accenture Strategy and Growth Markets. Michael...
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