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The shareholders of Surrey-based IT services company Axon have approved the sale of the company for £441 million to HCL EAS.

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UK engineering technology company Renishaw has acquired a 75 per cent stake in Schaerer Mayfield NeuroMate AG based in Switzerland and its subsidiary Schaerer Mayfield NeuroMate Sarl, a French manufacturer of surgical robots for neurosurgery.

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A Bristol-based hydrocarbon specialist is days away from raising a seven-figure sum in a bid to continue work on its flagship project.

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Global private equity leaders believe the credit crunch will lead to a transformation of the industry, according to research by Celerant Consulting.

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Where Warren Buffett treads others follow. His backing of Equitas early last year was right at the heart of a booming market for dealmakers. Mark Dunne reports on the trend

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Velti Plc, a global provider of software platforms, applications and services for advertising agencies, mobile operators and the media, has entered into a new mobile marketing joint venture with Indian media group HT Media.