Concurrent Thinking

Concurrent Thinking has successful raised £1.7m. Concurrent Thinking is a leading provider of cluster integration and monitoring software and services to the High Performance Computing (HPC) or Supercomputing market. Concurrent Thinking has established a reputation for delivering high quality clusters in the UK, Europe and the Middle East. It has now delivered over 250 systems, including seven that have appeared in the Top 500 list of the world's most powerful computers, ... read more


Aria Networks Seed Funding

ICON has successfully advised Aria Networks on the completion of a £500K funding round with private investors. Aria Networks has developed a unique product suite called intelligent Virtual Network Topologies (iVNT) which allows telecommunications carriers to plan and optimise increasingly complex multi-service Next Generation Networks. Telcos are increasingly focused on "convergence" - namely the ability to offer voice, broadband and television services to their customers over a single network. To ... read more


Prophit Share sold to The Innovation Group

Prophit Share – ICON advises software company Prophit Share on its sale to The Innovation Group Plc Prophit Share delivers analytical software and services. Its CLeaR software helps insurance companies to spot and remove claims leakage problems and also helps improve the effectiveness of both the internal management system and the entire supply chain servicing the business. The company helps its customers by streamlining processes and reducing costs through technology. ... read more


Anvil Software sold to ION Trading

ICON advises software company Anvil on its sale to ION Trading.  Dublin-based Ion Trading, a provider of dealing systems for electronic fixed income markets, is acquiring Anvil Software, a UK-based supplier of software for repo trading and securities lending. Financial terms of the deal were not disclosed. Founded in 1988, Anvil provides front- and middle- office systems and consultancy services to financial services firms including ABN Amro, Barclays Capital, Fortis, ... read more


Radiation Watch secures £2m Funding

ICON secures £2m funding for Homeland Security company ICON advised Radiation Watch on the completion of a £2m funding round from Seven Spires Investments and a number of seasoned semiconductor private investors. ICON had previously closed a £450k seed investment round in the company from Seven Spires in April 2004. Radiation Watch will use the additional funding to complete development of its revolutionary radiation detection technology “D3™”, which provides real ... read more


DeepStream Technologies

ICON secures equity funding from new investor 3i and existing investors Doughty Hanson Technology Ventures for disruptive embedded sensor company as part of an overall £12.3 million Series B investment. 3i and Doughty Hanson have together invested £8.1 million in this round and further funding was secured from a £1.5million Regional Selective Assistance grant and a £2.7million property development grant. ICON also represented DeepStream on its Series A investment. DeepStream ... read more


AIM

ICON advises Action Information Management on its sale to Trapeze Group ICON Corporate Finance has successfully advised Action Information Management Ltd (AIM) on its sale to Canadian based Trapeze Group. AIM’s market leading telematics technologies for: - real-time passenger information; - journey planning; and - mobile workforce management complement Trapeze’s product portfolio that includes scheduling, crewing, contract and revenue management, and dispatching technologies. The acquisition of AIM allows Trapeze to ... read more


Inetec secures £2.5m

ICON has secured £2.5m of expansion capital for Inetec that will allow it (in conjunction with its industrial partners) to deliver first industrial scale deployments of its end-to-end waste-to-renewable-energy technology solutions. Inetec uses its proprietary technology to convert industrial food waste into a stable biofuel. This biofuel can then be converted into gas and combusted in a combined heat and power plant to produce heat for industry and renewable electricity ... read more