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EA acquires Playfish

California-based computer game company Electronic Arts (EA) has acquired Playfish, a developer of social network games, for up to $400 million (£240 million).

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Playfish sold for up to $400 million

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Maven exits Cyclotech

Cyclotech, an oil and gas services company, has been sold to M-I Drilling Fluids UK, generating an exit for Maven Capital Partners.

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Playfish snapped up by Electronic Arts

Venture capital firms Accel Partners and Index Ventures have exited social network games company Playfish.

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LP Hill acquires Tranomaro

AIM-listed LP Hill, a consolidator of businesses in the natural resources sector, has agreed to acquire Tranomaro Mineral Development for up to £1.1 million. 

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Gordon Banham: From coal to haulage

In less than a decade, Gordon Banham has transformed Hargreaves Services from a Durham haulage company to a diversified support services and energy group delivering consistent turnover and profit growth throughout the recession. 

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Rising star

Richard Stobart founded web and software development consultancy Unboxed Consulting four years ago. The company now has a turnover of £1.6 million

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Civica Group buys in4tek

Civica Group has acquired in4tek, which specialises in software for the healthcare sector, for an undisclosed sum.

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Rising star

Richard Stobart founded web and software development consultancy Unboxed Consulting four years ago. The company now has a turnover of £1.6 million

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Civica Group buys in4tek

Civica Group has acquired in4tek, which specialises in software for the healthcare sector, for an undisclosed sum.

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DCC buys Shell Direct Austria

Business support services company DCC has agreed to acquire Shell Direct Austria (SDA), a fuel distribution business, for €18.3 million (£16.4 million) in cash.

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Economic review

From regulatory relief for large pub companies to bank bail-outs and rising property prices, M&A analyses the UK economy by industry sector

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What I’m reading now

The Best Service is No Service: How to Liberate Your Customers from Customer Service, Keep Them Happy, and Control Costs, by Bill Price and David Jaffe Dominic Monkhouse, general manager, PEER 1

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Economic insight

Kathleen Stephansen, chief economist and MD of US-based Aladdin Capital Holdings, questions the received wisdom about jobless recoveries

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