Division Sale News in the Technology sector

Glen Group plc has announced that it has entered into a conditional agreement relating to the sale of the business and assets of its wholly owned subsidiaries, Eclectic Group Limited and I G Software Limited, for the sum of up to £3m payable in cash. The agreement, which is subject to [more]

ESRI (UK), the market leader in enterprise geographic information system (GIS) solutions, has entered into an asset purchase agreement to buy the Geospatial Solutions Division (GSD) of Tadpole Technology plc for half a million pounds. [more]

Northgate Information Solutions Plc, the UK software group which manufactures software for the public services and human resources sectors in addition [more]

UK-listed communications technology company Spirent has announced it is conducting an “in-depth business review”, following reports a mont [more]

The chairman of Morse, the UK-listed IT consultancy, has revealed that the company is considering the disposal of its mobile banking business, Monitis [more]

Airwave, the digital radio network owned by UK-based mobile phone operator O2, has moved a step closer to a sale after O2 chairman and chief executive Peter Erskine announced that the group was “erring on the side of selling the business [more]

Vodaphone, the UK-listed mobile phone giant, is considering the disposal of its phone masts in order to reduce costs. Chief executive Arun Sarin has s [more]

Spirent, the London-listed telecoms-equipment supplier, is rumoured to be on the verge of announcing the availability for sale of some of its assets. [more]

There has been renewed talk of a sale of Logica CMG's telecom products business, according to market reports. The business has been tipped to fet [more]

Tiscali, the Italian internet service provider, has reportedly put its UK division up for sale with a price tag of £ [more]

UK media group Pearson has announced it is to sell its US Government Solutions division to American private equity firm Veritas Capital for $660m. [more]

Mobile operator O2 could soon put its Airwave digital radio network up for sale after a surprise decision to review the business, according to a report in the Times newspaper. [more]

Northgate Information, the UK-listed IT company, has been tipped to sell its Sx3, the Northern Irish managed services business it acquired in April 20 [more]

Rumours over the potential sale of Hutchinson Whampoa's 3 network have resurfaced again following news that the company is to lay off 130 manager [more]

InTechnology, the AIM-listed IT infrastructure group, has announced that it is in talks over the disposal of its distribution division. [more]

The National Grid unveiled plans yesterday to spin off its wireless infrastructure business and sell Basslink, its Australian electricity interconnector following a strategic review. [more]

Deutsche Telekom is reportedly under pressure to sell its T-Mobile operations in the US after Laxey Partners, the UK hedge fund bought a significant s [more]

The CEO of UK-listed electronics group Filtronic has announced that the group would be open to offers for its defence electronic and compound semi con [more]

Flytxt, the mobile marketing company, has put its agency operations up for sale in a move to shift its focus to the technology side of the business. [more]

Carphone Warehouse is to acquire AOL UK for £370m after winning the auction for the busi [more]