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Acutec snaps up telecoms business

West Midlands-based IT business Acutec has acquired Chase Meadow Communications as it looks to expand its telephony services.
Round-up of today's M&A deals

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AIM-listed Maintel makes mobile buy

Telecoms and data services business Maintel Holdings has bought out Totility in a deal which could rise to £6.83 million.

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Lyceum deals again

IT services provider Adapt has completed a £30 million deal as it sets off on a buy-and-build strategy.

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British business bought out by US defence suppliers

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

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Google takes stake in East London for Tech City

Internet giant Google has leased a seven-floor building in East London for a brand new initiative in a move that keeps a year-old promise to become involved in the Tech City project.

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DisplayLink closes $15 million Series D round

Technology company DisplayLink is set to expand after the close of a $15 million (£9.6 million) Series D funding round led by incoming investor Cipio Partners and existing investor DJF Esprit. 

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Online video deal for Renren

Social networking business Renren has acquired a 100 per cent stake in 56.com, a company which provides a platform for user generated online video content.

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Conizant to acquire Zaffera

Outsourcing company Cognizant has acquired Zaffera, an SAP retail consulting and software development firm, for an undisclosed sum.
Round-up of today's M&A Deals

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Online video deal for Renren

Social networking business Renren has acquired a 100 per cent stake in 56.com, a company which provides a platform for user generated online video content.

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Conizant to acquire Zaffera

Outsourcing company Cognizant has acquired Zaffera, an SAP retail consulting and software development firm, for an undisclosed sum.
Round-up of today's M&A Deals

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BVCA: Miliband’s private equity attack a ‘slick slogan’

Opposition leader Ed Miliband's branding of private equity firms as 'asset strippers' is nothing more than a 'slick slogan', says the British Venture Capital Association (BVCA).

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Personal Development Bureau raises £25,000 from the crowd

Unemployment service start-up Personal Development Bureau has become the second business in the UK to close a financing round through the equity crowdfunding website Crowdcube after raising £25,000 in seed capital.

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Confluence to expand with Midven support

Commercial fund manager Midven has supported the management buy-out (MBO) of construction management and compliance consultancy Confluence Management with a £500,000 investment from their Exceed Fund.

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Branson joins as a backer of blogger Tumblr

British entrepreneur Sir Richard Branson has joined Greylock Partners and Insight Venture Partners in an $85 million (£54 million) venture capital funding round for blogging platform Tumblr.

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