Golden Apple
Readers would not forgive me if I didn't point out that Apple closed tonight at a record high of $535 giving them a market value of $500b. See FT - Apple joins the $500b club. That's a 32% rise in just...
View ArticleRoad to nowhere
Last year (See TomTom on the road to nowhere) I related how I was in a taxi going to a meeting alongside a girl who was directing the taxi driver with her smartphone. When my phone rang it was Murad...
View ArticleCapita’s big ambitions in IT services
We spent a very insightful day with Capita’s IT services execs and divisional leads yesterday. Headed up by recently hired MD Mark Quartermaine (see It’s official – Quartermaine joins Capita!), and...
View ArticleLittle British Battlers – first report
When we issued an invitation last November to CEOs of small, privately-held, UK-owned software and IT services companies to meet the TechMarketView analyst team (see here), we thought 20 or 30 might...
View ArticleANT shares the strain with customers and partners
AIM-listed ANT who provides embedded software and services for the delivery of digital TV is inching its way towards a firmer financial position on the back of a modified business model which is...
View ArticleMore minimisation at Maxima
To be honest, there’s not much point picking the bones out of troubled mid-market software and managed services player, Maxima’s half-time results. Since buy/build/turnaround/dispose entrepreneur Ian...
View ArticleEXL 'excels'
Offshore BPS pure play EXL Service continues to outperform most of its peers, notching up revenue growth of 42.6% in the full year ended 31 December to $360.5m, and 46.5% to $102.6m in Q4. Although the...
View ArticleNakama – how to make a profit warning sound like good news
If you were to read today’s trading update from the ‘Highams enhanced’ IT staffing firm, Nakama (see Last waltz for Highams as Nakama reverses in), you’d probably want to give them an award for Best in...
View ArticleK3 puts up ‘For Sale’ sign for real
We wondered whether there might be some better offers on the table after Per Johan Claesson, non-exec director and near-20% stakeholder of mid-market ERP firm K3 Business Technology Group, threw in his...
View ArticleXchanging posts unsurprisingly bleak FY11
After a torrid couple of years, the full year 2011 numbers for the UK’s second largest business process services (BPS) provider Xchanging were unsurprisingly bleak. For the year ended 31 December,...
View ArticleAdecco, Robert Walters reiterate ‘challenging’ UK market
It’s hardly surpirisng news, but the next two recruitment firms to report their FY results, Swiss Adecco and UK-based Robert Walters, echoed the sentiment of those that preceded them, advising of...
View ArticleIDOX making progress organically
Looking at today’s Q1 trading update in conjunction with its most recent results release in December (see here), it looks like IDOX is starting to deliver organic growth. Organic growth within this...
View ArticleCapita emerges from a lean spell
Following Capita’s mixed full year results last week (see Capita ‘ups and downs’ in 2011), we have now had time to digest the detail, speak with management, and assess progress across the business....
View ArticleMahindra Satyam, Tech Mahindra move closer
According to media reports, India-based, telco-focused offshore services firm, Tech Mahindra has appointed bankers to manage the merger process with (in effect) subsidiary Mahindra Satyam. Sorting out...
View ArticleShare Indices in February 2012
Yesterday, NASDAQ topped 3000 for the first time since 2001. That’s a rise of 13.9% in just the first two months of 2012 alone. Apple dominates the NASDAQ and, as we reported yesterday, see Golden...
View ArticleShare Indices in Feb 12 Correction
Really sorry. I posted the wrong share price table in my Shares Indices Feb 12 post earlier today. I've corrected it on the website and, for email readers, the correct table is below.
View ArticleTata Comms takes a look at CWW
Shares in Cable & Wireless Communications (CWW) are the biggest risers on the FTSE All Share today (currently up 16%), thanks to a formal expression of bid interest from Tata Communications. The...
View ArticleMoD seeks strategic partner for IT services programme
We were interested to note that yesterday the Ministry of Defence (MoD) published an OJEU notice seeking expressions of interest for a Strategic Partner to support the delivery of the Defence Core...
View ArticleXchanging facing more turbulent times
Following Xchanging’s ‘unsurprisingly bleak’ full year 2011 results (see here), we have now heard from management and looked deeper into the performance across the divisions. While CE Ken Lever sees...
View ArticleCodestuff to bring coherent deployment to Digital Barriers
Buy and build homeland security system provider Digital Barriers is bringing existing partner Codestuff into the fold via a £750K cash-based acquisition. The tuck-in purchase adds to Digital Barriers’...
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