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Acquisition follows strong start to 2011 for Telecity

TelecityGroup (Telecity) has made an Irish buy with the acquisition of Data Electronics Group in a purchase worth £87.6 million.

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Passion Capital backs wireWAX

Early-stage investment fund Passion Capital has backed software-as-a-service business wireWAX, which enables people to tag video online, with a growth capital investment.

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Talaris buys out joint development partner

Cash management business Talaris has made a German purchase with the acquisition of Lutzwolf Systems.

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£30 million final close for third Hollyport fund

Hollyport Capital has announced the final close of a third private equity fund, Hollyport Secondary Opportunities III, for £30 million, attracting three-times more investors than its last fund.

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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.

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Photo sharing app EyeEm closes seed round

EyeEm, a smartphone camera and photo sharing application, has closed a seed round backed by London-based Passion Capital and pan-European investors Wellington Partners.

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Meltwater continues social drive with IceRocket acquisition

IceRocket, a social search engine, has been bought out by The Meltwater Group in a deal aimed at building Meltwater's position in the fast growing social media market.

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Energy management deal for t-mac

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Meltwater continues social drive with IceRocket acquisition

IceRocket, a social search engine, has been bought out by The Meltwater Group in a deal aimed at building Meltwater's position in the fast growing social media market.

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Energy management deal for t-mac

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Social media acquisition for Kurtosys

London-headquartered Kurtosys Systems has acquired web technology business GetSponge.com as part of its strategy to build its financial services products.

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Nexeon raises £40 million in Series C funding round

Battery materials company Nexeon has received a £40 million funding boost following a Series C investment led by existing investor Imperial Innovations.

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VCs still attracted to UK despite activity drop

The UK remains the favourite destination for venture capital investment in Europe despite experiencing a sharp decline in deal activity in the first half of 2011, research finds.

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Private copying legalised as part of wider IP reforms

Legalising the copying of music and media from a CD to a digital device is one of a raft of reforms announced today by the government that are designed to modernise copyright and intellectual property laws.

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