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Ingenious VCTs exit music festival

Ingenious Live VCTs have exited their investment in the Creamfields music festival for a total of £2.8 million.

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Kewill adds cloud to services with deal

Logistics software company Kewill has acquired the assets of Pointandship Software as it looks to build on its parcel shipping and shipping expense management services.

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Management staff fear a shaky 2012

UK management staff expect skill shortages, company redundancies and economic instability to obstruct business growth next year.

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Playtech makes most of funds raised


Online gaming software business Playtech has made its fourth acquisition of the year with the purchase of Ash Gaming for up to £23 million.

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UK temps see above-inflation pay rises

Pay for temporary workers in the UK increased this year by 9.6 per cent, more than double the annual rate of inflation.

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CertiVox acquires Shamus to boost encryption software

CertiVox, which is headquartered in London and backed by Octopus Ventures, has acquired Shamus Software for an undisclosed amount.

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Index Ventures leads $35 million round for Outbrain

Content discovery platform Outbrain has announced funding of $35 million (£22.5 million) led by Index Ventures which brings its total funding to $64 million (£41.2 million).

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Sixth 2011 deal for K3

AIM-listed K3, which supplies business software, has added to its list of acquisitions with the purchase of certain assets of the Integrated Business Systems (IBS) division from Maxima Holdings.

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Index Ventures leads $35 million round for Outbrain

Content discovery platform Outbrain has announced funding of $35 million (£22.5 million) led by Index Ventures which brings its total funding to $64 million (£41.2 million).

News

Sixth 2011 deal for K3

AIM-listed K3, which supplies business software, has added to its list of acquisitions with the purchase of certain assets of the Integrated Business Systems (IBS) division from Maxima Holdings.

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Duedil secures funding from Wonga’s Jonty Hurwitz

Duedil has finalised a second-round investment from Wonga co-founder Jonty Hurwitz and reveals it has rejected several acquisition offers.

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Project Utopia

Believe it or not, you can now buy your very own man-made floating lair - although it may take a little longer to build it.

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ASG Software purchases Atempo

US-based ASG Software Solutions has acquired Atempo, a business that supplies data protection and backup management software.

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Matrix sees sevenfold return from sale of DiGiCo

ISIS Equity Partners has backed a £50 million management buy-out of technology business DiGiCo.

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