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ReThink rethinks Aiimi brand
As presaged in January (see here), AIM-listed IT recruitment-cum-consultancy company, ReThink Group, turned in a respectable result for 2011, with revenues up 40% to £78.9m (30% organic) and operating...
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Prologic next to join 'Dearly Departed'
Well, we didn’t have to wait long to see who would be the sixth UK software and IT services player to leave AIM this year (see Clinical Computing to join AIM 'Dearly Departed' ). It’s Prologic, the...
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CSC extends TfL deal
CSC has extended its IT outsourcing contract with Transport for London (TfL) in a deal valued at $33m over 27 months. CSC has managed and supported TfL’s desktop and service desk since January 2007,...
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Seamus Keating quits Logica
Logica Benelux President – and for many years, group CFO – Seamus Keating, has resigned with immediate effect ‘to concentrate on other interests’. Keating was ex-CEO Martin Read’s right hand man during...
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FfastFill: a better H2 and strong orders
This morning's trading update from SaaS-oriented derivatives software player FfastFill highlights a "strong increase in profitability" for the second half, as expected. Likewise revenue for the year to...
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Capita acquires employee benefits consultancy
Capita doesn’t seem to be slowing down on its larger purchases just yet (see Capita emerging from a lean spell). This time it is paying £50m in cash, on its usual cash-free, debt-free terms to acquire...
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Yahoo enters its 'carcass phase'
Kodak? Nokia? Blackberry? Yahoo!? Not too difficult to spot the similarities. Another is that Holway has, in the past, been a very keen and loyal customer. Indeed, Yahoo Finance is still something I...
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Robert Walters Q1 holds up
UK recruitment player Robert Walters shows there is still life in the UK market. In Q1 ended 31 March, UK net fee income (NFI) grew 9% to £11.1m, vs. 10% for the same period in 2011. As we noted...
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Intercede scrambles to achieve full year growth
After warning on revenue in February (see Intercede warns, blames demand for rental model), Intercede, the identify and credential management software provider, has pulled out all the stops to get...
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Kewill – a miss is a miss
As of a couple of months ago, supply chain and e-commerce software player Kewill reckoned it was on track to make the numbers despite needing a few deals to close by its 31st March year end (see Kewill...
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Accumuli benefits from acquisitions
A full year update from buy-and-build IT security services player, Accumuli, shows it has benefitted considerably from its April 2011 acquisition of Boxing Orange (see here). Revenue for the year ended...
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Capgemini: Kampf decamps, Hermelin takes dual role
Capgemini’s Chairman and Founder, Serge Kampf, has decided to stand down with effect from 24th May. The announcement describes Kampf’s immense contribution as “leader and inspirer” of the Group over 45...
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Aakash ‘kiss’ turns into a tongue-bite
It looks like I spoke too soon when I reported that the spat between Datawind, the UK-based manufacturer of the much-heralded '$35' Aakash tablet and the Indian government had been resolved (see...
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Q1 shares – the Big Leap Forward
March was a relatively quiet month on the markets (see Share indices March 2012), but the big leaps forward in January and February helped push some of the key indices into double-digit rises during...
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Paying your fair share - Part 2
On 12th Feb 12 I wrote a post - Paying your fair share – about the tiny amounts of corporation tax that such companies as FaceBook, Google, Microsoft and Oracle pay in the UK. I contrasted this to the...
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Gold in them patents
We’ve written on many occasions recently about the increasing value of patents as companies (eg see Patents wars and Google buys Motorola Mobile for its patents) get more litigious. Today AOL got a...
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Facebook buys Instagram for $1b
Forget about the financial news services. If you are Mark Zuckerberg you make the announcement first on Facebook. So, just a few minutes ago, I learnt when checking my daughter's status updates that...
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Blinkx: reining back to a canter
The galloping performance of video search engine specialist Blinkx has experienced a set back according to its full year prelims, which show “disappointing” revenues that are below market expectations....
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Agilisys does it again in local government
Proving once again that it’s not good to be just a plain ol’ ICT services provider in UK local government these days, Agilisys has been announced as preferred partner for a seven year, £70 million,...
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Patni to delist on minority shareholder agreement
Patni, the larger, acquired part of recently enhanced offshore IT/BP player iGate Patni, is to finally delist from the Indian stock exchanges, after minority shareholders accepted an increased offer of...
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