Mergers & Acquisitions

Venture firms exit through QUMAS sale to Accelrys

Fidelity Growth Partners Europe has divested of its interest in software company QUMAS through a trade sale.


Software product aimed at architects and engineers supported by The North West Fund for Digital & Creative

Regional backer The North West Fund has closed a new investment through its Digital & Creative fund by backing Sitedesk.


Angels and regional backer come together to back SaaS firm SocialRel8

The Finance for Business North East Finance Proof of Concept Fund has teamed up with a number of angel investors to inject a quarter of a million pounds into software company SocialRel8.


Business Growth Fund makes fifth IT investment as Celaton gets backing

Software company Celaton has become the latest company to be backed by the Business Growth Fund.


DFJ Esprit builds on solid exit activity by closing investment in Datahug

Venture capital firm DFJ Esprit has led a funding round into Irish technology business Datahug to help with its US expansion.


SkyDox backed in third club deal for Business Growth Fund

The Business Growth Fund has closed its second deal of the week by teaming up with Scottish Equity Partners to close a deal in the cloud computing sector.


MobileWave looks to India for M&A

AIM-listed technology company MobileWave has made an Indian acquisition with a $1.2 million (£768,000) deal for Ariose Software.


Better Capital-backed Calyx makes two bolt-ons

Jon Moulton's private equity fund Better Capital has advanced portfolio company Calyx Software £6 million to make two strategic, bolt-on acquisitions.


SDL buys Fredhopper

SDL, a provider of translation software and services, has acquired marketing software specialist Fredhopper for an undisclosed sum.


Maven Capital Partners backs Vamosa

A second investment has been announced from the government’s Capital for Enterprise (CfE) Fund, in enterprise software company Vamosa.


Q-Layer acquired by Sun Microsystems

A Belgian specialist in cloud computing whose backers include Wellington Partners has been acquired by US networking giant Sun Microsystems.


Richard Muirhead: Walking the line

There must be easier ways to make a living than creating a global software company in the UK. But Richard Muirhead, the chief executive of Tideway Systems, wouldn’t have it any other way.