Archive for July, 2011

INRIX Inc acquires ITIS Holdings plc for approximately $60 million

Comments Off | 07-30-2011

INRIX, Inc., a leading international provider of real-time traffic information and connected driving services, announced it has extended an offer to ITIS Holdings plc and its shareholders to acquire the company for approximately $60 million (£37 million).
Bryan Mistele, president and CEO of INRIX, said automakers, mobile companies and other customers are increasingly demanding global traffic

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Kerry Logistics Expands UK Network with acquisition of Two Freight Forwarding Companies

Comments Off | 07-29-2011

Kerry Logistics, a leading provider of freight and logistics services, has acquired two freight forwarding companies in the UK; Bergen Freight Forwarding Limited based in Manchester in the North West of England and Regency Forwarding Limited with its headquarters in Yorkshire.
Bergen is a long established company, specializing in sea freight imports from India and the

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Posted in FDI news UK, General, Logistics UK | Read More

Experian acquires leading provider of credit information to SMEs in the UK

Comments Off | 07-28-2011

Experian, the global information services company, announced that it has acquired LM Group Ltd, a leading provider of credit information to small to medium enterprises (SME) in the UK.
The LM Group, which trades as Riskdisk Ltd, provides commercial credit reports and commercial risk information to approximately 18,000 SME businesses in the UK.  Riskdisk is an

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Anoto acquires 51 per cent of the UK’s Destiny Wireless

Comments Off | 07-27-2011

Anoto Tuesday said it has agreed to purchase 51 per cent of the shares in UK based Destiny Wireless Ltd. The company, with 28 employees and net annual sales of GBP 5 million, develops and sells mobile data capture solutions based on Anoto’s unique digital pen technology.
The purchase is in line with Anoto’s ambition to

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Yorkshire Building Society to acquire mortgage and savings business of Egg Banking Plc

Comments Off | 07-26-2011

Yorkshire Building Society has announced that it has entered into an agreement with Egg Banking plc to acquire its mortgage and savings business.
Iain Cornish, Chief Executive of Yorkshire Building Society, said the company is looking forward to welcoming Egg’s mortgage and savings customers to the Yorkshire. Continuing to provide them with the outstanding service, administration

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Posted in Banking sector UK, FDI news UK, General | Read More

Cineflix International sells 69-Hour Factual Package to Italian firm

Comments Off | 07-25-2011

Cineflix International has sold a package of factual content totaling some 69 hours to Mediaset, Italy’s largest commercial broadcaster, which will air the programming on factual slots on Italia 1 and the newly launched Mediaset Italia 2, beginning this month.
The investment was announced last week by Paul Heaney, President and Managing Director of Cineflix International.
The

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Riverbed acquires Zeus Technology to expand its IT Performance Business

Comments Off | 07-23-2011

Riverbed Technology, the IT performance company, announced that it has acquired Zeus Technology, a privately-owned company that delivers high-performance software-based load balancing and traffic management solutions for virtual and cloud environments.
The Zeus organization, based in Cambridge, U.K., will become a new business unit of Riverbed®, led by the former CEO of Zeus, Jim Darragh. Riverbed

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Playtech signs long-term software contract with major international gaming group, Gala Coral

Comments Off | 07-21-2011

Playtech Limited, the international software and content provider to the online and land-based gaming industry, announced that it has signed a significant, long-term software contract with major international gaming group, Gala Coral, to provide its leading technology platform and gaming products to Gala Coral for its online gaming businesses.
Gala Coral has a substantial online gambling

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BT Investment Management acquires London based J O Hambro Capital Management

Comments Off | 07-21-2011

BT Investment Management Limited (BTIM) Tuesday announced it has agreed to acquire J O Hambro Capital Management, a privately owned, London-based, boutique active equity investment manager with £7.1 billion of funds under management (FUM).
The investment is for a price consideration of £209 million (A$314 million), subject to certain approvals. The Acquisition will be funded by

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Cadence Acquires Azuro to Strengthen its Digital Implementation Flow

Comments Off | 07-20-2011

Cadence Design Systems Inc, a leader in global electronic design innovation, Monday announced it has acquired Azuro, Inc., a company that has pioneered a paradigm shift in the digital implementation and optimization of next-generation SoCs.
Azuro offers unique clock concurrent optimization technology, also known as ccopt, which delivers superior capabilities for designers faced with increasing performance,

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