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Share Indices in June 2012
Last week I had a long conversation with my 8 year old niece about ‘crying wolf’. Moral of the story, of course, is that eventually nobody will believe you when you really are on the edge of...
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Eligible TechMarketView subscription service clients can download IndustryViews Venture Capital, our new-look concise summary of venture capital investment in the UK software and IT services market,...
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TechMarketView needs more analysts!
Despite (or perhaps because of!) the woes in the industry, we are proud to say that the prospects for TechMarketView look exceedingly bright. So, we need more analysts to write great research for our...
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Ideagen joins AIM
It looks like we were a tad previous at the end of last year in describing Matlock-based Ideagen, the self-styled 'leading supplier of On-Demand Information and Compliance Solutions', as having...
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Serco ejects German air defence business
Following the disposal of its UK-based technical services business last week (see Serco sells Technical Services arm to AMEC), Serco is now casting off the majority of its operations in Germany, back...
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Profits warning from Craneware
Today’s trading update from Craneware shows that the timing issues that were a cause for concern when it reported it H1 results (see Craneware: not sparkling but building up to a shine) continued to...
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A decade of market recession?
Could the UK SITS (software and IT services) market be heading for a decade of recession? That’s a distinct possibility given TechMarketView’s latest forecasts, published today. With the deepening...
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Microsoft's pushes into integrated IaaS/PaaS with Azure updates
Microsoft recently announced a swath of updates and new services for the Windows Azure PaaS environment that opened it up along several fronts, and as had been previously indicated, moved it towards...
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CEB talent-spots SHL from HgCapital
One wonders whether there is a certain air of inevitability that once a publicly quoted UK SITS company of any decent scale falls into private equity hands, its ultimate destination lies across the...
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Cloud outages drive call for better monitoring and comms
Late last week some of Salesforce.com and Amazon’s cloud services in the US were hit by outages. Electrical storms took Amazon down, for Salesforce.com it was a technical issue that scuppered the link...
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Handset testing drives Anite forward
As indicated in its pre-close trading update (Anite: powerful end to a good year), Anite posted upbeat results for the year ending April 30 2012 with the highlights being the handset testing business...
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August Equity secures SecureData Europe MBO
UK mid-market managed services remains a hotbed of activity, witness the just announced August Equity-backed MBO of SecureData Europe from its South African parent. Headquartered in Kent, SecureData...
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Epic wins at Cambridge
Privately-held, unconventional US healthcare application provider Epic looks set to sign its first contract with the NHS by the end of the month. It has beaten rivals Cerner and Allscripts to the high...
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Dell continues Quest for software growth
Dell has confirmed a $28 per share cash deal for California-based software business Quest. Its offer values Quest at $2.4bn and trumps previous bids from VC outfit Venture Capital Partners. The move...
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Microsoft writes off $6.2bn
Microsoft’s expensive aQuantive acquisition back in 2007 has turned into a washout, with the company taking a $6.2bn cash write down on the $6.3bn purchase. The move is expected to wipe out Q4...
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HP 'maintains' defence IT support contract
Last week HP Enterprise Services announced that it had signed a three year contract for support, solutions and maintenance with the Ministry of Defence. The value of the contract is $21m (or c£13.5m)....
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Facing reality at RIM
For the last six months I have been engaged in an interesting debate about Blackberry maker, RIM. When Thorsten Heins took over as CEO from founders Mike Lazaridis and Jim Balsillie in Jan 12 he...
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Avia Health Informatics battles on
Avia Health Informatics, parent company of Plain Healthcare Ltd, is one of those small companies that we can’t help thinking really ought not to be listed on AIM. The healthcare software provider...
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Tribal: new non-exec joins the 'Crewe'
With a new focus on technology and services in the education, learning and training sector, Tribal’s international business has been able to point to buoyancy in markets such as Australia and New...
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Redstone confirms flat year
Shares in Redstone are up 8% (to 0.865p!) this morning following confirmation of a flat performance in FY12. In the year to March, the managed infrastructure provider and reseller saw revenue rise by...
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