Enecsys looking to raise $20m in solar tech IPO September 16, 2014 The former Intel boss hoping to brighten up London with solar tech. After more than 20 years promoting and designing microprocessors at Intel, Mike Fister, who grew Intel’s enterprise group from nothing to over $3.5bn (£2.15bn) in annual revenues, is looking for a new challenge. Enecsys is that challenge, he says, and by [...]
TLA profits grow as sports stars flock to agency September 16, 2014 AIM-LISTED sports agent TLA Worldwide reported a seven per cent increase in revenues during the first half of the year, after strong performance in its sports marketing division. Its roster of players grew to 461, including golfers Jim Furyk and Patrick Reed, both playing in the 2014 Ryder Cup next week. Profit at the firm [...]
XLMedia shows more revenues and more deals September 16, 2014 AIM-LISTED online gaming marketing group XLMedia is expected to report a nearly 25 per cent jump in revenues this morning, higher than the 22 per cent it forecast in July, when it publishes its maiden set of interim results. Jersey-based XLMedia has been on a spending spree since it floated, completing a number of acquisitions. [...]
Phones 4u points a finger at networks for its collapse September 15, 2014 ACCUSATIONS flew yesterday between the owner of failed high street smartphone retailer Phones 4u and the mobile operators allegedly responsible for its collapse. Phones 4u’s owner, BC Partners, argued that both EE and Vodafone had, until very recently, indicated they saw the retailer as a long term strategic partner. Phones 4u, which employs 5,596 staff [...]
Phones 4u founder John Caudwell had considered rescue bid before collapse September 15, 2014 Less than two weeks ago, the founder of Phones 4u, billionaire John Caudwell, was starting to put the pieces together to see if he could launch a daring rescue plan to save the business that had just been cut out by Vodafone, one of its two key trading partners. “Having realised what that meant [Vodafone’s [...]
Monitise share price dips as mobile banking firm eyes move to FTSE September 15, 2014 Aim-listed Monitise could consider a move to the main London Stock Exchange market as soon as this financial year, the mobile banking and payments firm’s chief executive told City A.M. yesterday. “The fact that we’ve reiterated that we’re seriously considering [a move to a main listing] shows that we’re thinking imminently, hopefully within this financial [...]
Britain’s biggest tech trade body calls for digital economy priority September 15, 2014 THE UK’s largest technology trade association this morning launched a manifesto calling on the next government to better support the growth of the UK’s digital economy. TechUK’s 24-point manifesto argues that the UK requires new leadership roles in government to promote technology, so-called smart migration policies to allow firms to tap into talent outside the [...]
British software firm Micro Focus acquires US rival The Attachmate Group September 15, 2014 FTSE 250-listed software company Micro Focus International is to buy privately-owned US rival The Attachmate Group in an all-share deal valuing the combined firms at $2.35bn (£1.45bn). Micro Focus said yesterday that following the reverse takeover, its shareholders would own about 60 per cent of the equity in the new group which would be [...]
Microsoft set to disclose $2.5bn Minecraft deal September 14, 2014 Microsoft is expected to announce a $2.5bn (£1.5bn) takeover of Mojang, the Swedish video game developer with 100m players of its Minecraft game, as soon as today. The deal is aimed at pulling users on to the US software company’s mobile platform Windows Phone, which commands only around 2.5 per cent of the world’s smartphone [...]
Britain’s biggest bookies bet on plans for stricter self-regulation September 14, 2014 The four largest high street bookmakers will today reveal plans for a new independent watchdog to hold the gambling industry to account. They will also publish plans to restrict the advertising of fixed-odds betting machines and pre-watershed television advertising. The bosses of William Hill, Ladbrokes, Coral and Paddy Power will launch the package of commitments [...]
