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Identity in US buy-out

Manchester-based Identity Networks has been bought out by wireless technology business Meru Networks.

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Bridges Ventures backs expanding Ardenham Energy

Ardenham Energy, a developer and installer of renewable energy projects, has secured an initial £2 million investment from growth investor Bridges Ventures to fund the company’s expansion across the UK.

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Maiden wind investment for Albion Ventures

Albion Ventures has invested £1.5 million in a joint venture with Infinite Energy to fund the development of a single 500kWp wind turbine in Wales.

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Google Ventures and PROFounders back Echoecho

Mobile application developer Echoecho will embark on further product development, hiring and scaling operations after securing $750,000 (£470,000) in seed funding.

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Core Capital injects £20 million in Brasserie Bar Co

Brasserie Bar Co, the hospitality group behind restaurant chains Brasserie Blanc and the White Brasserie Company, has raised £20 million from private equity investor Core Capital.

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Betgenius takes a gamble on Boolabus

UK-Based Betgenius, which provides data-driven software services for the sports-betting market, has acquired Boolabus.
Round-up of today's M&A deals

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PolyTherics closes £2.15 million funding round

Technology investor Imperial Innovations has led a £2.15 million funding round for one its portfolio businesses biotechnology company PolyTherics.

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Don’t ‘water down’ banking reforms, Cameron told

The Federation of Small Businesses has called on Prime Minister David Cameron to avoid ‘watering down' radical proposals on banking reform, despite financial industry pressure.

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PolyTherics closes £2.15 million funding round

Technology investor Imperial Innovations has led a £2.15 million funding round for one its portfolio businesses biotechnology company PolyTherics.

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Don’t ‘water down’ banking reforms, Cameron told

The Federation of Small Businesses has called on Prime Minister David Cameron to avoid ‘watering down' radical proposals on banking reform, despite financial industry pressure.

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Storage industry consolidated with BlueArc acquisition

Hitachi Data Systems, which provides storage systems, software and services, has acquired BlueArc after forming a five-year partnership with the business.

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BT presents a united front

BT Engage IT chief executive Martin Balaam is stepping down as part of a re-organisation that will see the telco-owned reseller merge with BT's Business Direct and dab.com.
Round-up of today's M&A deals

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Mark Pearson actively investing in new startups

The founder of online discount business MyVoucherCodes, Mark Pearson, has upped his angel investing activities.

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Smilepod secures second Beaubridge funding

Growth investor Beaubridge has completed a second financing for Smilepod, a walk-in dental hygiene business, injecting £1.2 million to fund the rollout of more outlets.