NCC Group buys website monitoring business

NCC Group, which provides Escrow and Assurance Services, has acquired Axzona Limited, a Scottish website monitoring company, for a consideration of up to £1.7 million in cash.

The initial consideration for Axzona‘s technology is £1.2 million, with two further payments of up to £500,000 payable over the next 24 months subject to performance related targets.

According to a statement NCC Group expects to benefit from the complementary monitoring technology developed by Axzona, which will be incorporated into Site Confidence’s range of website performance services.

Round-up of today’s M&A deals

  • Fusion-io to acquire IO Turbine

Value: £58 million

Advisers: undisclosed

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  • HTC to acquire US-based Dashwire

Value: £11.3 million

Advisers: undisclosed

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Todd Cardy

Todd Cardy

Todd was Editor of GrowthBusiness.co.uk between 2010 and 2011 as well as being responsible for publishing our digital and printed magazines focusing on private equity and venture capital.

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