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Cash shells hoarding £241 million

Shell companies on AIM and PLUS have £241 million to invest in growth businesses, research from Business XL finds.

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Nick Clegg must earn business trust

Businesses are unconvinced that Nick Clegg understands their needs, according to a poll on GrowthBusiness.

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Mansell Group in private equity buy-out

Private equity firm The Riverside Company has acquired email marketing group Mansell.

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Control Key sold to Concorde

IT managed services provider Concorde has acquired the IT security company Control Key, and is planning more deals in the next 12 months.

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Prosurgics given a free hand

Medical robotics business Prosurgics has been acquired in a £3.25 million deal.

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Zeta Compliance buys Fire Strategy Company

PLUS-quoted Zeta Compliance Group has acquired The Fire Strategy Company for £945,000.

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Summit slashes loss

Oxford-based biotech Summit Corporation has pared annual losses following a restructuring bout.

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Ringing the changes

Tech concern WIN has bagged new sales and is in takeover talks with IMImobile.

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Summit slashes loss

Oxford-based biotech Summit Corporation has pared annual losses following a restructuring bout.

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Ringing the changes

Tech concern WIN has bagged new sales and is in takeover talks with IMImobile.

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Google on investment spree

Search giant Google has made a number of investments that concern such diverse technologies as wind power, 3D desktops, online payments and search.

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HP to buy Palm for $1.2 billion

Hewlett-Packard has agreed to acquire Palm, a US mobile device maker whose financial performance during 2009 was one of the worst in the technology industry.

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YFM backs Lightmain MBO

YFM Private Equity has supported the management buy-out of Lightmain Company.

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ISIS exits Enigma Travel

ISIS Equity Partners has sold its portfolio company Enigma Travel Group to Hotelplan UK.