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Facebook gets friend.ly

Social networking business Facebook has continued in its acquisitive nature with the purchase of question and answer application friend.ly.

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Streetcar backers make new investment

Knowledge process outsourcing (KPO) business The Smart Cube has received a capital injection through an investment from Smedvig Capital.

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Sainsbury’s acquisition drives ecommerce presence

UK supermarket chain Sainbury's has made its first acquisition since it purchased stores from the Co-operative Group in 2009, as it moves to boost its digital entertainment services.

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RWS Holdings buys stake of inovia Holdings

Round-up of today's M&A deals.

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Original Additions MBO backed by LDC

Private equity provider Lloyds TSB Development Capital (LDC) has backed the secondary management buy-out of beauty accessories supplier Original Additions for an undisclosed amount.

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SpiriTel founder launches new enterprise

Six Degrees Group, a new venture headed by British entrepreneur Alastair Mills, has launched today after securing £60 million of funding during the past 12 months.

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Imtech makes acquisition and opens new offices

Technical services company Imtech, which is based in the Netherlands and has six offices in the UK and Ireland, has bought Etudes Techniques et Nouvelles Applications (ETNA) for an undisclosed amount.

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Pinnacle continues UK interest

IT services business Pinnacle Telecom has made its second purchase of the week with a deal for RMS Managed ICT Security, which provides IT security software and consultancy services to the mid-market and public sector.

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Imtech makes acquisition and opens new offices

Technical services company Imtech, which is based in the Netherlands and has six offices in the UK and Ireland, has bought Etudes Techniques et Nouvelles Applications (ETNA) for an undisclosed amount.

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Pinnacle continues UK interest

IT services business Pinnacle Telecom has made its second purchase of the week with a deal for RMS Managed ICT Security, which provides IT security software and consultancy services to the mid-market and public sector.

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EDM Group is acquiring Sala International

Sala International is to join rival document management and information provider EDM Group in a £52 million deal.

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Chasing aces: Julie Meyer

Widely credited as a pioneer of the European technology start-up scene, Julie Meyer, who launched her first fund, ACE, this year, argues that entrepreneurs are still broadly underestimated by the financial services industry.

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UK acquisition for Civica

Civica has made a geospatial purchase with the acquisition of Innogistic through its UK subsidiary.

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aiHit secures Russian backing with $5.5 million stake

Company data and information provider aiHit has attracted a $5.5 million (£3.5 million) investment from Russian investment banking firm VTB Capital.

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