Clik here to view.
Vodafone finally bags CWW for £1bn
This morning Vodafone has made a recommended cash offer for Cable & Wireless Worldwide (CWW). At £1.04bn in total, the 38p per share offer represents a 92% premium on the value of CWW before...
View ArticleClik here to view.
PR, TechMarketView and Brands2Life
Further to our Catch-up on the latest from TechMarketView this morning, it is worth pointing out that we received a huge amount of press comment last week on the launch of our BYOT – Opportunities and...
View ArticleClik here to view.
Facebook disappoints
I commented in The Times last week that I was becoming more bearish on Facebook and increasingly doubted that it was ‘worth’ $100b. My confidence took another bashing tonight as Facebook revealed that...
View ArticleClik here to view.
TCS makes it to $10b (but 2 years late)
They finally got there! TCS, the leader among the India-based offshore IT/BP services firms, closed the year (to 31st March) with revenues exceeding $10b – a target management had boldly set in 2007...
View ArticleClik here to view.
Quindell gets green light for Ai Claims deal
The board of motor claims management firm Ai Claims Solutions plc has now given its stamp of approval to Quindell Portfolio’s acquisition of the company (see here). This is good news for Quindell’s CE...
View ArticleUnit4: Modest growth, cautious outlook
Having suffered a 2% decline in FY11 (see Good growth for Unit4 but not in the UK), it looks like the performance of Unit4’s UK business improved in Q1. In its trading update, the company states that...
View ArticleClik here to view.
Capita raises funds to fuel further M&A
On the back of a reasonably upbeat Q1 trading update, UK BPO leader, Capita, is to make a dash for cash by selling 40m new shares in an institutional placing to raise (we assume) somewhere near £280m....
View ArticleClik here to view.
Almost there - shareholders back Vista bid for Misys
It had the backing of the board, now shareholders have overwhelmingly approved the Vista Equity Partners offer for Misys, making the acquisition virtually a done deal. The £3.50 per share cash offer...
View ArticleClik here to view.
Google grabs for cloud storage and direct revenue
Google is expanding again with launch of its long-rumoured Google Drive cloud storage service. Although targeted at consumers it has plenty of enterprise-type features, including collaboration and file...
View ArticleClik here to view.
Apple - Keeping the Faith
I’ve watched as Apple shares have slumped by 10% over the last few days and every article seemed to signal ‘the end is nigh’. Having spent at least 5 years being bombarded with emails saying the same,...
View ArticleClik here to view.
Wipro echoes Infosys’ gloomy outlook
Maybe it’s just that the ill winds of the global economy are blowing only in Bangalore! Wipro, the (now) 4th largest India-centric offshore IT/BP services firm, echoed archrival Infosys’ gloomy outlook...
View ArticleClik here to view.
Larger contracts helps Dillistone grow
Recruitment software supplier Dillistone Group ended the year well with headline yoy growth of 28% although when the effect of its first acquisition (Voyager) is stripped out, organic growth was a more...
View ArticleClik here to view.
Symantec’s worrisome Q4
Security and data storage software house Symantec warned of lower than expected revenue and adjusted earnings in its Q4 prelims, triggering a c11% drop in the share price. The warning follows patchy Q3...
View ArticleUnisys starts 2012 on a brighter note
Unisys stock is up 15% in after hours trading following the company’s expectation-beating Q1 results. The company returned to growth - albeit low growth - in the quarter and eked out some profit....
View ArticleClik here to view.
SAP’s cloud subs revenue – the only way is up
Having made the announcement about poor US performance in its Q1 prelims, our initial review indicates few surprises in SAP’s full Q1 2012 numbers. Revenue was up 11% to €3.35bn, helped by the...
View ArticleClik here to view.
Atos UK impresses in Q1
Hats off to Atos for delivering another solid set of results in Q1. Total revenues increased by 2.4% organically and at constant exchange rate to reach Eur2,163m. Managed services was the star of the...
View ArticleClik here to view.
Apple - Too big to fail
Further to my post last night (Apple – Keeping the Faith), as expected Apple shares have soared today. Up 9% as I write and therefore recovering much of the ground lost in the last week. But even I, as...
View ArticleClik here to view.
Virgin Media Business drives Group growth
We’re beginning to take more of an interest in Virgin Media Business given its ambitions in the UK Public Services Network (PSN) market, so were interested to see parent company Virgin Media’s Q1...
View ArticleClik here to view.
Zoo Digital: closing out a difficult year
Zoo Digital set a doleful but expected scene for its full year results with an interim statement for H2 indicating revenue will be down compared to H2 last year, although this is in line with its...
View ArticleClik here to view.
Maxima puffs up managed services
In case entrepreneur Ian Smith’s intentions relating to troubled mid-market software and managed services player, Maxima were not entirely clear (see More minimisation at Maxima), he has just put a big...
View Article