Syniverse buys WSI

Syniverse Technologies, a Florida-based telecommunications company, has acquired the assets of Florida-based rival Wireless Solutions International for an undisclosed sum. For more deals click here.

Other Done Deals

  • California-based technology company Oracle has acquired Virtual Iron, a US-based designer of server virtualisation software, for an undisclosed sum.
  • Sword Group, a provider of business applications to the world’s largest companies, has disposed of a 77.5 per cent stake in its Scottish services operation to its management for an initial £27.8 million in cash.
  • Xchanging, a London-based professional services firm, has acquired the FondsServiceBank (FSB) business unit, the Germany-based investment funds administration business of DAB bank AG, for up to €21.4 million (£19.1 million) in cash.
  • Lyris, Inc., a US-based online marketing company, has acquired Facultas, a UK-based email marketing firm, for an undisclosed sum.
  • Evaluate Technologies, a London-based provider of technology for the financial services industry, has acquired Network Data’s online mortgage sourcing business, mortgageLinked. The terms of the deal were not disclosed.
  • Europa Capital, a UK independent real estate fund management group, has acquired Berlin shopping centre Forum Steglitz from Hammerson Plc, a FTSE-100 real estate investment trust, for €70 million (£62.7 million). The centre was valued at €93.1 million at 31 December 2008.

Nick Britton

Nick Britton

Nick was the Managing Editor for when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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Early Stage Funding