Cramer Systems, the supplier of operations support systems software with offices in Bath and London, is to be acquired by Amdocs of the US for a cash consideration of £205m. Cramer produces network re... [more]

Isoft, the UK-listed software firm, has hired Gleacher Shacklock, the niche investment bank, as an adviser. Gleacher's may approach potential bidders it has been said. BT, the UK-listed telecoms group... [more]

SurfControl is to acquire BlackSpider Technologies, the Reading-based provider of network security services, for up to £20m. Blackspider has 500,000 users and offers antivirus, antispam, encryption an... [more]

Misys, the listed UK-based computer software developer, will be broken up and sold in parts once taken over by new owners, sources close to Misys believe. Misys is made up of three business units: Mi... [more]

Torex Retail is to acquire Retail-J, the Hertford-based developer of electronic point-of-sale software with 20 staff, for £50m. The deal consists of £40m in cash and £10m in Torex shares. Retail-J was... [more]

Tiscali, saw its shares rise on rumours that it is about to sell off its UK operations, Tiscali's UK assets could go for as much as EUR 750m. The Value of Tiscalis UK assets have been pushed up by the... [more]

Bulldog, the UK ISP owned by listed Cable & Wireless, is said to be up for sale. NM Rothschild has been mandated to sell off Bulldog and has requested manifestations of interest from potential bidders... [more]

Atkins, the engineering consultancy and professional services group, has acquired programme management consultancy Mantix Group,for a cash consideration of £8.7m. Atkins' existing management consultan... [more]

Morse, the UK-listed IT group, may sell its hardware division due to a shift in focus towards software and services. US IT groups Ingram Micro and Tech Data have been named as potential bidders should... [more]

iSoft, the UK-listed company specialising in software for the healthcare sector, could reportedly dispose of some of its non-core assets. iSoft is currently in financial difficulty, with debt levels e... [more]

Maintel has acquired District Holdings, the established telecoms equipment supplier, for £1.025m. Maintel is a telecommunications and data services company whose headquarters is already based next doo... [more]

Peter Wilkinson, the CEO of listed UK IT group InTechnology has revealed that the company is open to offers for its UK distribution unit. Analysts predict that US groups Tech Data and Ingram Micro wou... [more]

Telephonetics is to acquire Voice Integrated Products, the Poole-based computer telephony company with 64 staff, for £12m. Total consideration of the acquisition is approximately £11.9m, comprising ap... [more]

Time Warner, the parent company of internet provider AOL, has released the information memorandum for the sale of AOL Europe. The memo has been distributed by Citigroup, who are advising on the sale. ... [more]

Azzurri, the Newbury-based data communications company with offices in Fareham, High Wycombe, Leeds, Kingston, Hull, Burnley, Birmingham and East Kilbride, has been acquired by PPM Capital for £182m. ... [more]

TTP Communications, the Royston-based wireless technology company, is to be acquired by Motorola for £103m. Under the deal, a unit of Motorola will acquire TTPCom for 45 pence (24 U.S. cents) a share.... [more]

Cable and Wireless, the UK-listed cable telecoms group is considering a sale as one of a number of options for its internet service provider Bulldog. Other options are said to include a joint venture,... [more]

Azzuri Communications, one of Britain's fastest growing telecoms companies, may opt for a sale rather than going ahead with its planned flotation of the business. A final decision is expected to be ma... [more]

DCS Group, the Warwickshire-based software company, is to be acquired by Reynolds & Reynolds of the US for £11m. DCS' subsidiary, DCS Automotive, provides software and information technology services ... [more]

Price comparison website cheapflights.co.uk is seeking a sale or flotation. In the wake of the recent bout of Internet companies being sold for high prices, Cheapflights could be valued at up to £200m... [more]