KISS sold to Cisco

Cisco Embraces KiSS in $61 Million Acquisition Cisco Systems acquires privately-held Denmark KiSS Technology for its Linksys division in a US$61 million cash and stock agreement. Cisco is betting KiSS' networked entertainment device portfolio, which includes home video products such as networked DVD players and recorders, will compliment Linksys' Voice over Internet Protocol wireless and networking hardware for the home. The KiSS acquisition maintains Cisco's core strategy that uses acquisitions ... read more


TCO sold to CACI International Inc

ICON has advised the shareholders of Tech Computer Office (TCO) on the sale of the company to the UK subsidiary of US technology group CACI International Inc for an undisclosed cash consideration. TCO, which is based in London and has over 40 staff, is a leading developer of operational management software primarily for the Care sector including many UK local authorities and Care providers. TCO also provides its software to ... read more


Meiosys sold to IBM

IBM has acquired Meiosys, which provides software technologies to dynamically move applications from one set of servers to another without disruption. Meiosys products are used in the high-performance computing sector. Its MetaCluster product allows users to transfer applications between servers without having to modify or recompile them. IBM said it would be integrating Meiosys technology into its own products and services later this summer. Meiosys technology already integrates with IBM’s ... read more


Brilliant Weekends

ICON secures angel development capital for leading short breaks online travel business. ICON has secured £205K of funding for online travel operator Brilliant Weekends, one of the UK's premier providers of short breaks for groups. Brilliant Weekends operates quality breaks for groups of six people or more in over 100 destinations throughout the UK and Europe, and has exclusive online distribution deals with EasyJet and FlyBE. The business has experienced ... read more


Trilogy Broadcast MBO Funding

ICON has advised the management of Trilogy Broadcast Limited ('Trilogy') on the buy-out of the company from its existing investors, ICON raised the MBO funding of £2.1m from Foresight Venture Partners. Trilogy has developed Mercury, a ground-breaking solution for wide area Audio Command and Control applications based upon Internet Protocol technology. A key attribute of the product is that it provides a unique solution to the critical problem of radio ... read more


TVM

TransVisual Media Limited ('TVM') – ICON has advised the management of TVM on securing their first round of venture capital. TVM's solutions integrate mobile, IP and collaboration technologies into one comprehensive central visual intelligence platform allowing police, security and commercial organisations to readily manage and share the output of complex surveillance and monitoring operations. Testimonial  "In raising TVM's first-round funding, the ICON team delivered outstanding, proactive support and advice to ... read more


ATS Secures £7.5m

ICON helps secure £7.5m investment for ATS from BAA Plc. Advanced Transport Systems Ltd (ATS) announced today that BAA had chosen their innovative ULTra Personal Rapid Transit (PRT) system for a pilot system at Heathrow, which if successful will be rolled out to all the terminals as well as other airports. The agreement between BAA and ATS includes an investment of £7.5m in the company in return for 25% of ... read more


Radiation Watch secures £2m

ICON secures a further £2m funding for Homeland Security company Radiation Watch has developed D3™, its unique radiation detection technology that offers spectroscopic measurement of radiation and highly accurate real-time information without dose saturation. The technology has applications in a wide range of markets including Health Physics, Defence and Environmental Monitoring, as well as showing significant potential in the growing Homeland Security sector. The funding round was supported by Seven ... read more