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Better Capital doing better
Jon Moulton does not let the grass grow under his feet! His Better Capital distressed company investment vehicle has been very active in our sector, having since inception just a couple of years ago...
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Atos to build a Canopy for cloud services
Atos has made a significant announcement for the company around cloud services this morning. Firstly it is forming a new “one-stop-shop company for advanced cloud services” under the brand name...
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Smart Metering Systems getting smarter
A very positive trading update from gas meter ‘soup to nuts’ asset management firm, Smart Metering Systems, presaging 2011 revenues 29% higher at £16m and ‘adjusted’ EBITDA almost doubling to £5.7m....
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Let TMV ‘disrupt’ your next company meeting!
Eligible TechMarketView subscription service clients can now download an edited version (sans hommes nus!) of the 'Disruption!' presentation that our managing partner, Anthony Miller gave at the...
View ArticleMore on the Atos, EMC and VMware tie-up
Following this afternoon's webcast with the chiefs of Atos and EMC (see Atos to build a Canopy for cloud services, we have now published further commentary on the new "Canopy" cloud venture. The piece...
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Innovation Group on track for double-digit growth
An in-line update from insurance business process services (BPS) provider The Innovation Group, shows it is on course to meet its revenue growth and EBITDA/cash generation targets for FY12. Consensus...
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Sopra – the ‘Little French Battler’!
Sopra Group may be little over one-tenth the size of compatriot Capgemini, but they grew faster. Indeed, Sopra’s revenues increased by 8% at constant scope and exchange rates (CSER) to €1.05b in 2011,...
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Intercede warns, blames demand for rental model
Prospective customers of Intercede are demanding rental terms rather than perpetual licences. Add that factor to the challenging global economy, which is making sales difficult, and it all adds up to a...
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Equinix: more growth from the data centre
US-based data centre player Equinix reported another quarter of strong growth overnight. Q4 revenue was up 25%, and would have been a few percentage points higher but for some currency headwinds....
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Capgemini UK margins squeezed
Capgemini is the first of the major European SIs to report its results for FY11 (Atos and Logica to come next week; Steria in early March). The headlines show growth in both revenue and profits. Top...
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Capgemini update: HMRC Aspire has major impact
We commented this morning on the dismal performance of Capgemini’s UK public sector business indicated by the company’s FY11 financial results (see Capgemini UK margins squeezed). This morning,...
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BAE Systems: Making progress in cyber security
We commented last week on results from defence contractors, Lockheed Martin and Raytheon (see Lacklustre performance from defence contractors). There was scant detail on the performance of their IT...
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Pleasing year for Harvey Nash
Following its upbeat trading statement a couple of months back (see Harvey Nash on track in year-end run-up), UK-based international recruitment, outsourcing and offshoring firm, Harvey Nash, confirmed...
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SAP rolling on SuccessFactors
SAP has passed a milestone in its $3.4bn acquisition of SaaS HR application provider SuccessFactors (see here) with the completion of the $40 per share tender offer. It now has c96% in the bag. SAP had...
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Cisco uppity over Microsoft’s Skype deal
Microsoft may have closed the $8.5bn Skype acquisition (seeMicrosoft confirms Skype deal) last October following regulatory approval on both sides on the pond but that hasn’t stopped Cisco launching an...
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Sopra – the banking software company!
In an interesting post-script to Paris-based Sopra’s recent UK acquisitions (see Sopra UK goes shopping (again) to double size), comes the news that the parent company is to acquire a majority stake in...
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Bull begins to find the BullWay
Results from Bull caught our eye this week. They suggest that the French provider of supercomputers and more may be turning a long-awaited corner. 2011 revenue was up 4.6% in the year to €1.3bn. 56% of...
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Corero placed to grow
After what seemed to be a good story on sales (see Corero doing the business), business-of-two-halves, Corero Network Security, has rasied some £4.6m gross, with a placing of 10.6m shares at 43p, only...
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FfastFill enters into managed cloud services
AIM-listed derivatives software provider FfastFill is opening out its cloud platform and will deliver Progress Software’s solution for the capital markets industry as a fully managed cloud based...
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European tech M&A back in decline
It was a slow start to the year for the European tech M&A market, according to corporate finance firm, Regent, with activity down 20% in January. Indeed the dearth of megadeals saw rolling 3-month...
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