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Mouchel looks to former Serco COO for salvation
Mouchel has wasted no time bringing on board a new CEO following the departure of Richard Cuthbert last week (see Mouchel CEO resigns on profits warning), appointing Grant Rumbles, a long-time Serco...
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European tech valuations down again
Valuation multiples for European tech M&A transactions fell for the second successive month despite an increase in deal flow, according to our good friends at Regent. Median PE ratios dropped to...
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Bidding clash on the cards over Clarity Commerce
We took the view yesterday (see Enigmatic brushes off Clarity’s offer objections) that Clarity Commerce might be anticipating a bid from someone other than Enigmatic Investments and it turns out that...
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Computacenter cables UK services slowdown
‘It wos cabling wot did it’ – or rather didn’t do it – for Computacenter’s UK services business. After UK services revenues barely budged in H1 (see Product sales drag Computacenter UK down), a dearth...
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Date set for Autonomy to join Dearly Departed
Armbands at the ready for 14th November, as this is the date Autonomy is to exit London’s main market, almost 11 years to the day after its shares were listed. Autonomy had previously IPO’d on the long...
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Aveva hovers in H1 and promises for H2
UK engineering firm Aveva is in a sweet spot in with some of its business interests at the moment according to its H1 trading statement and is still benefitting from demand from the oil and gas sector...
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Google gleeful over Q3
Google executives were rightly buoyant on the release of the Q3 results (to September 30 2010) but watchers were more relieved because of what the results said about the search advertising market –...
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SAP boasts in Q3 prelims
With its Q3 results due out in a little over a week SAP chose to tease the market with a preview of what looks to be a confidence-affirming quarter (for the period ending September 30). It is...
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Moulton does it for Fox
Given the ills in the world and the state of the economy, it is truly only Britain that can make the Liam Fox story dominate the news media for all of the last week. It normally wouldn’t get a mention...
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Blackberry back - but for how long?
I don’t suppose I should be too surprised that we got more online comments and emails relating to our posts on the ‘Blackberry Saga’ last week than for any story in our history. Fortunately on Thursday...
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The fight for the portal to the Cloud
Anyone who has attended my ‘State of the ICT Nation’ speeches over the last 10 years will have been subjected to MyTop and the oft-repeated prediction that the company (or companies) that can ‘own’ the...
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Latest TechMarketView research highlights
Over recent weeks, TechMarketView has published a rich and varied selection of reports and analyst notes. One particular highlight is John O’Brien’s 2011 report on the UK Business Process Services...
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Phil Codling joins TechMarketView
We are absolutely delighted to announce that Phil Codling has joined TechMarketView in the newly created position of Research Director for Infrastructure Services. Many of you will know Phil from his...
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Torex adapts to new retail landscape
I seem to have reported on Torex for most of my life as an analyst. I even knew them back in the 1990s when they were a tool hire company!. I then reported on the acquisitions binge from 1999 which...
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Innovation Group in line
UK-based insurance BPS provider The Innovation Group (TIG) confirmed it expects to hit market expectations for its full year ended 30 September. Operating cash flow is also ahead of target. This means...
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Mouchel's interim chair resigns
Tragedy or farce, whichever way you look at it, things are looking pretty bleak at Mouchel. David Sugden, who took on the role of interim chair from retiring chairman, Bo Lerenius, less than a week ago...
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Worst quarter yet for UK tech indices!
We’ve been looking through every issue of IndustryViews Quoted Sector since we launched TechMarketView three years ago and can’t find another quarter where the performance of the major tech-related...
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TCS surges in Europe
TCS, India’s largest offshore IT/BP services player, showed archrival Infosys a clean pair of heels in Europe, reporting regional headline growth for Q2 (to 30th Sept.) at 31% yoy (9.5% qoq) vs 10% yoy...
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HCL tops a billion!
They made it by a whisker! HCL, the fifth largest India-based IT/BP services firm, crossed the billion dollar revenue mark in the quarter by a couple of million dollars, doubling its top line in just...
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First Derivatives H1 gets of to a flying start
First Derivatives, the AIM-listed provider of software and consultancy to the investment bank and hedge fund industry who reported soaring revenue at the end of its last financial year (see First...
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