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Mercia launches new biotech company

Seed investor The Mercia Fund has spun out a new venture, the Native Antigen Company (NAC), from existing portfolio company PsiOxus Therapeutics.

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GetJar raises £14.4 million for open apps

Smartphone app developer GetJar has raised $25 million (£14.4 million) in a third round of funding to continue development of its open app store.

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Ingenious launches EIS to pick wine

Investment and advisory group Ingenious has further diversified from its offering of media and clean energy products, announcing the launch of the Vindemia Wine Fund.

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LDC acquires safety solutions provider

Private equity firm LDC has bought a majority stake in Kee Safety, a global provider of safety solutions.

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Cupid expands its reach with IndianDating.com acquisition

UK online dating company Cupid has acquired IndianDating.com for £125,000 in an effort to reach new markets.

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Morrisons takes first e-commerce step

UK supermarket chain Morrisons has secured the acquisition of online baby product retailer Kiddicare, and the rights to its technology platform, in a deal worth £70 million.

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Morson Group completes Wynnwith takeover

A provider of technical engineering personnel, Morson Group, has completed the acquisition of the shares of joint venture Morson Wynnwith that it did not previously hold.

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GlaxoSmithKline acquires Maximuscle brand

Pharmaceuticals giant GlaxoSmithKline has acquired sports nutrition brand Maximuscle in a deal worth £162 million, after the Office of Fair Trading approved the transaction.

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Morson Group completes Wynnwith takeover

A provider of technical engineering personnel, Morson Group, has completed the acquisition of the shares of joint venture Morson Wynnwith that it did not previously hold.

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GlaxoSmithKline acquires Maximuscle brand

Pharmaceuticals giant GlaxoSmithKline has acquired sports nutrition brand Maximuscle in a deal worth £162 million, after the Office of Fair Trading approved the transaction.

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Energy researcher Tokamak adds £170,000

Fusion research company Tokamak Solutions has secured £170,000 in a first round of fundraising to continue development of a device that could lead to cleaner nuclear power.

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Graham Coxell-led consortium buys Rowan Dartington

AIM-listed investment bank and stockbroker Astaire has offloaded struggling subsidiary Rowan Dartington to a consortium of private investors led by former Capita managing director Graham Coxell.

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Angels inject £895,000 into Real-Status

Real-Status, a developer of advanced software, has secured £895,000 through business angel network Envestors.

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POSTcti snapped up by InterCall

InterCall, a subsidiary of American communications company West Corporation, has acquired Preferred One Stop Technologies (POSTcti) for an undisclosed sum.

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