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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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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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Graduates pay for themselves, claims study

Recruiting and training a graduate pays for itself within two years, according to research from Lancaster University.

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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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Graduates pay for themselves, claims study

Recruiting and training a graduate pays for itself within two years, according to research from Lancaster University.

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Finance Wales exits from Abriox

Early-stage investor Finance Wales has exited from its £125,000 investment in Abriox, a manufacturer of products for the gas and petro-chemical industries.

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Ingram Micro acquires CCD

US-based technology distributor Ingram Micro has acquired Computacentre Distribution (CCD) for an undisclosed sum.

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Another grant for Metalysis

Titanium powder producer Metalysis has been awarded a government grant of £1.5 million as it pledges to create 90 new jobs over three years.

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M&A property deals on the increase

The UK property sector saw a surge in M&A deals in the last quarter, according to research by accountancy firm Grant Thornton.