Fluency Voice sold to Enghouse Systems

ICON advise on the sale of Fluency Voice to Syntellect, a subsidiary of Enghouse Systems based in Ontario, Canada. Founded in 2001, privately held Fluency provides on-premise and hosted packaged speech recognition solutions for call centers to improve customer service and significantly reduce costs. Based in London, England and with a sales office in Boston, Massachusetts, Fluency has approximately 27 employees. "We are very pleased with the acquisition of Fluency ... read more

Covelus sold to Anoto AB

ICON Corporate Finance advises the shareholders of Covelus Limited on its sale to Swedish company Anoto AB. Covelus is a technology company based in Liverpool producing solutions for digital pen & paper and it owns a platform for a wide range of devices such as PCs, PDAs, mobile phones & access points, which routes digital pen stroke data to an end destination such as an email address or server. In ... read more

Splashpower sold to Alticor Inc

ICON advise on the sale of the business and assets of Splashpower Limited in Administration ("Splashpower" or "the Company") to Fulton Innovation, a subsidiary of Alticor Inc. based in Ada, Michigan USA. Cambridge based Splashpower is a leader in wireless power technology development and a public pioneer and early champion for commercialization of wireless power solutions. Its inductive charging technology enables power to be transferred without wires to a range ... read more

Gamma Projects sold to Enghouse Systems

Gamma Projects provides network infrastructure management software solutions and consultancy services for telecommunications operators and equipment vendors. The company's software product named Gamma's NetOne is an integrated suite of software that enables telecommunication companies to streamline the complex processes of planning, implementing, operating and optimizing mobile network infrastructures. Commenting on the acquisition, Anthony Pearlman, President of the Enghouse AMD said: "It's a natural fit for Enghouse, it gives us a ... read more

Insight Test Services sold to Sogeti

ICON Corporate Finance advises shareholders of Insight Test Services on its sale to Sogeti. Insight, based in Dublin is a market leader in software testing services, primarily for major clients in the financial services, utility, ICT and public sectors. Founded in March 2003, the company has grown rapidly to become the leading software testing provider in Ireland and the UK with over 75 staff. The acquisition will see Sogeti Ireland ... read more

MMIC Solutions

ICON secure £2.7 Million investment for MMIC Solutions Ltd, the Ledbury, UK based supplier of innovative module and subsystem solutions for commercial millimetre wave applications. New investor YFM Group and existing investor Scottish Enterprise investing through the Scottish Venture Fund, joined the round along with the company’s other existing investors, including NESTA and AEGF. Having raised seed funding of more than £1.5M so far, the company has already developed and ... read more

L3 Technology

ICON has successfully advised L3 Technology (L3T) on the completion of a £1.75m fundraising led by Catapult Venture Managers. L3T is developing an exciting new point of care medical device for the accurate measurement of blood cholesterol including full lipid analysis. The technology enables instant results for patient testing in GP surgeries, with the accuracy and precision of central laboratory analysis. With low costs per test and rapid, accurate results, ... read more

Petards UK Government and Commercial software business sold to BAE Systems

ICON advises Petards on sale of software business to BAE. ICON Corporate Finance has advised Petards Group Plc, a developer of advanced surveillance systems, on the sale of its Government and Commercial software business to BAE Systems Plc. The acquired business comprised the Universal Video Management System (UVMS), which manages CCTV data within casinos, train stations, arenas and shopping centres, and Advantage command and control software, together with the legacy ... read more