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Rackable Systems acquires SGI

Rackable Systems, a California-based provider of servers and storage products for data centres, has acquired rival Silicon Graphics Inc (SGI) for $25m (£16.5m).

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Fundtech cashes in on InterSoftware

Fundtech, a New Jersey-based provider of transaction banking services, has acquired Manchester-based IP firm InterSoftware.

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Object of desire: Toto Neorest – the futurist toilet

If we’d ever seen Captain Kirk engaged in the more mundane activities like brushing his teeth, then his bathroom would have probably featured something resembling the Toto Neorest

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Price wars

A significant proportion of SMEs are resorting to price cutting in order to win new business

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SRM acquires InfoSec Associates

SRM, a Newcastle-based provider of operational risk management services, has acquired InfoSec Associates, a Northumberland-based assurance specialist. The details of the deal were undisclosed.

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Boomerang Media has acquires ER, Big Idea and Classic Media

Aldershot-based Boomerang Media has acquired rival companies ER, Big Idea and Classic Media from Entertainment Rights.

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SMEs could be deferring £7.7bn

Cash-strapped small businesses are losing out on the chance to defer a potential £7.7 billion of tax payments, claims the Association of Accounting Technicians (AAT).

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Warwick Effect Polymers gets £1m

Warwick Effect Polymers (WEP) has raised a further £1 million of investment from new and existing venture capitalists and private investors.

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SMEs could be deferring £7.7bn

Cash-strapped small businesses are losing out on the chance to defer a potential £7.7 billion of tax payments, claims the Association of Accounting Technicians (AAT).

News

Warwick Effect Polymers gets £1m

Warwick Effect Polymers (WEP) has raised a further £1 million of investment from new and existing venture capitalists and private investors.

News

 SRM acquires InfoSec

SRM, a Newcastle-based provider of operational risk management services, has acquired InfoSec Associates, a local information assurance specialist. The details of the deal were undisclosed.

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Beazley acquires First State Management Group

Lloyd's insurer Beazley has acquired First State Management Group, a Boston-based underwriting manager specialising in commercial property insurance, from the Hartford Financial Services Group. The terms of the deal were not disclosed. 

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First Derivatives snaps up Hologram

First Derivatives Plc, a provider of capital markets technology based in Newry, Northern Ireland, has acquired Lepton Solutions Pty (trading as Hologram), an Adelaide-based technology company, for up to A$2.2 million (£1.05 million). 

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Diural bags £250,000

Early-stage drug company Diural has secured more than £250,000 of co-investment from Finance Wales, Fusion IP and the Viking Fund.

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