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ScanSafe’s big exit

Cisco Systems is to acquire web security software company ScanSafe for $183 million (£110.6 million). James Harris meets the company's founders

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Danny Chapchal: musical chair

Danny Chapchal likes nothing more than lending his experience to the founders of young or troubled businesses – well, nothing except losing himself in his collection of 17,500 CDs.

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Vertu acquires Lichfield Vauxhall

AIM-listed motor retailer Vertu Motors, has acquired Lichfield Vauxhall for £2.8 million from Steve Thompson Cars.

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Value drops for private M&A deals 

The value of M&A deals involving private UK companies has plummeted, according to research by accountancy firm UHY Hacker Young.

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Threshers and Wine Rack go bust

First Quench Retailing, the private equity-backed owner of Threshers and Wine Rack, has gone into administration. 

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Alternative Networks acquires AKJ

Business telecoms company Alternative Networks has acquired Aurora Kendrick James Group (AKJ), a provider of billing and customer service software, for up to £5.5 million. 

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Transformation on the cards for Meridian 

Meridian Petroleum wants to expand by acquisition, aided by a £6.9 million fundraising at 25p and rename itself President Petroleum.

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Proximagen buys CBT

London-based Proximagen Neuroscience has acquired Cambridge Biotechnology (CBT) from Sweden-based pharmaceutical group Biovitrum for an undisclosed sum.

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Transformation on the cards for Meridian 

Meridian Petroleum wants to expand by acquisition, aided by a £6.9 million fundraising at 25p and rename itself President Petroleum.

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Proximagen buys CBT

London-based Proximagen Neuroscience has acquired Cambridge Biotechnology (CBT) from Sweden-based pharmaceutical group Biovitrum for an undisclosed sum.

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Trauma leads to business success

Parental divorce, battling with cancer and under-achieving at school are all factors contributing to entrepreneurial drive, according to a survey.

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e-trader acquires Koodos

Online bulk and surplus stock business e-trader group has acquired online fashion retailer Koodos for an undisclosed sum. 

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Greenpeak Technologies closes Series B round

Semiconductor developer Greenpeak Technologies has raised €13 million (£11.6 million) in a Series B round.

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Acal buys BFi OPTiLAS

Technology distributor Acal has agreed to acquire BFi OPTiLAS for €10 million (£9 million) in cash. 

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