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More ‘bright ideas’ from UK universities
From time to time I have commented on the ‘bright ideas’ whose genesis came from UK universities and that eventually get commercialised in the outside world (see As a nation, we are not short of bright...
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HP business still in decline at Mphasis
Mphasis, the India-based offshore services firm majority-owned by HP, continues to see business from its parent decline. Revenues in Q1 (to 31st Jan.) from the HP channel were 4% lower qoq (constant...
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The power of HotViews
Readers may remember my post last week - Handling Problems – about Lloyds Business Internet Banking being down and my ‘suggestion’ that they might save customers (and Lloyds itself) some problems if...
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Sagentia – ‘very satisfactory’ year despite tougher H2
Sagentia, the outsourced R&D venture chaired by Microgen chairman – and more recently, RM chairman – Martyn Ratcliffe, closed the year ahead of expectations despite a business slowdown in H2 (see...
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PE's queuing up to walk Misys down the acquisition aisle
Misys now has a third suitor keen to take the banking systems provider into its fold. Private equity firms CVC Capital Partners and ValueAct Capital Master Fund are working on a joint proposal. There...
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SQS margins under pressure during transition
Change comes at a cost and software testing and quality management services provider SQS demonstrated that during 2011 (to December 31 2011) as it continued its much needed push towards offshoring and...
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Parity shoots for the (digital media) stars
Well, now we see the grand plan. Recruitment and project services firm Parity is to become a digital media company, “to offer a full service to brands, from creative digital campaigns through web...
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Steria: A shaky UK performance
It takes a dive into the detail to get the measure of Steria’s business performance in the UK. During FY11, organic (like-for-like revenue growth was just 0.8% (to £656.5m) – well below Atos’ 4.2%...
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CSC and DoH agreement 'to save £1bn'
CSC has finally reached an agreement with the NHS over the future of its troubled contracts with the erstwhile National Programme for IT in the NHS (NPfIT). The US firm signed a non-binding letter of...
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Good growth tempered by lower profits at K3
With the for sale sign officially hammered into the ground (see here) K3’s interim results (six months to December 31 2011) are of particular interest and while the overall numbers are respectable...
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Tikit struggling to grow top line
AIM-listed legal and accountancy software and services provider Tikit Group continues to struggle to grow the top line (see A mixed H1 for Tikit). In the year ended 31 December, headline revenue fell...
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Unit4 appoints new UK public sector sales lead
Interesting to note that Unit4 has announced the appointment of Phil Bradbury as Head of Public Sector Sales. Why interesting? Because Bradbury used to work for rival SAP as a Major Account Manager for...
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Ubisense picking up pace
Cambridge-based, ‘real-time locations solutions’ company, Ubisense, confirmed FY numbers (see Ubisense locates FY numbers in the right position), turning in 34% revenue growth to £23.8m (year to 31st...
View ArticleIndustryViews M&A 2011 Review
Our year-end round-up of the UK software and IT services and European tech M&A scene is now available to download for eligible TechMarketView subscription service clients.
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Lunch with Frank Quattrone
Today I had the real honour to meet and talk to Frank Quattrone at a Prince’s Trust Internet & Media Leadership Group lunch. Frank is something of a legend having been one of the first investment...
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SAP expands in-house cloud portfolio with Business One OnDemand
SAP is edging its cloud strategy forward, with the announcement that it will release its small business ERP suite BusinessOne as a multi tenant cloud application. It will join Business ByDesign and...
View ArticleInterquest weighed down by ‘Trojan Horse’ M&A
It would have otherwise been quite a respectable year for AIM-listed IT recruitment company InterQuest Group if it weren’t for its ‘Trojan Horse’ acquisition of Contract Connections Ltd (CCL) last June...
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Cloud partners get the M&A bug
We getting used to acquisitions of SaaS providers and between SaaS providers but now the M&A movement is filtering down to the partner network. It’s a welcome sign because it will provide impetus...
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Michael Page hits the billion
It was a landmark year for UK-headquartered, international recruitment firm Michael Page, with revenues hitting the £1b mark for the first time. That’s a result! Most of the news had been presaged in...
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Access Intelligence: Cobent costs pull down group performance
Access Intelligence, known for its buy and build strategy around SaaS-based governance, risk and compliance, had a mixed first half ( see here) and proceeded to close the year (to November 30 2011) on...
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