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Capita/Talis

Please note that Friday morning's post has been updated here.

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UK down!

There really was only one consistent theme in the performance of the major European SIs last year –and that was ‘UK down’! All of Atos Origin, Capgemini, Logica and Steria saw their UK revenues decline...

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K3 'Hydra' grows another 'head'

It is testament to CEO Andy Makeham’s keen eye for a good deal– and knowing what to do with it – that mid-market buy-and-build ERP firm, K3 Business Technology Group boosted operating margins (from...

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SDL grows strongly (except in UK & Ireland)

SDL, provider of translation solutions and web content management software, returned to strong organic growth last year. The self-styled ‘Global Information Management solutions’ company revealed that...

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Michael Page recovers margins

In keeping with the ‘get out of the UK’ theme echoing through peers’ results (see Robert Walters profits in Asia/Pacific), international recruitment firm Michael Page also saw business in overseas...

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Google buys British

Seeing how much Google makes in the UK, it’s good to see it putting a little back too. Today it was announced they were buying BeatThatQuote (a financial product price comparison site – a smaller...

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InterQuest back on the M&A trail

It’s just a lovely little business. And you know what? It may well grow into a lovely big business too. I’m talking about InterQuest, the AIM-listed ITSA (IT staff agency), originally modelled on its...

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RCM Technology Trust

As I hope readers know (I’ve declared my interest enough times!) I am a director of RCM Technology Trust plc (RTT) which is quoted on the London Stock Exchange. Yesterday we had a board meeting to sign...

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Things have Changed #2

The news that Western Digital had bought Hitachi Global Storage in a $4.3b deal illustrates just how Things have Changed. Just a few years ago hard discs were a hot sector. Indeed, 10 years ago there...

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Things have Changed

We've just launched the Prince’s Trust Technology Leadership Group State of ICT Nation and ICT Leaders Dinner on 21st Sept 2011 and sponsored, yet again, by BT Global Services atop BT Tower. This is my...

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MyTop comes ever closer

It’s now nearly four years since I brought you MyTop (another of my enduring themes introduced at the Prince’s Trust ‘State of the ICT Nation” dinners – See Things have Changed below) Tonight the MyTop...

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SQS – the ‘Indie’ fights back!

Depending on which page you read, they are either “the world’s largest pure play supplier of independent software testing and quality management services” or ‘merely’ “one of the largest independent...

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Revenues for Vanity, Profits for Sanity, Cash for Reality

Remember the old adage “Revenues for vanity, Profits for sanity”? There have been countless reports recently about Apple losing out in the smartphone stakes to Google’s Android. It’s a bit like saying...

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weComm finds its place

A year ago I wrote an article weComm – Right place, Right time? I’ve followed weComm for 11 years. Indeed, Elderstreet Capital Partners, where I am both a General Partner and investor, has been a...

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Computacenter – a class act

We rarely tire of extolling the virtues of the top-notch strategy and execution of Computacenter. Indeed, we can even forgive them styling themselves “the European IT infrastructure services provider”,...

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Tikit looks to the cloud in pursuit of outsourcing business

Legal & accountancy software player, Tikit Group, made good progress in the year to 31st December 2010. Total revenues increased by 7% to £26.9 million. This despite a reduction in spending by law...

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Sanderson launches SaaS offering on schedule

A “cautious but confident” Chairman Chris Winn will address Sanderson Group’s AGM today. The financial position and outlook for the Group, which focuses on the multi-channel retail and manufacturing...

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The UK Cloud Software Market

The acceptance of cloud-based software delivery in the form of SaaS (software as a service) and PaaS (platform as a service) is redefining the shape and structure of the software industry irrevocably....

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AOL takes axe to content staff

As reported in FT today - AOL is to cut 20% of the workforce or 900 staff. The axe falls on content production staff as a result of AOL’s recent acquisition (for $315m) of Huffingham Post and, before...

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European tech M&A valuations stable

Latest data from Regent showed the usual February dip in European tech M&A activity, though valuation multiples remained reasonably stable. The 210 deals in February 2011 matched those a year...

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