ICON’s M&A Tech Review – Mid Year 2012

So far this year, equity markets are up a bit in the UK and US. However, technology markets remain very strong with Techmark up 10% and the NASDAQ up by 13%, as investors hunt for growth. Global Technology M&A Corporate balance sheets in the technology sector remain particularly strong, with the Top 10 having over $350bn in cash. They are therefore well positioned to fund M&A activity without recourse to ... read more

Linking the Globe The Sale of Atlantic Global to KeyedIn Solutions June 2012

Linking the Globe by Brian Bollen When a 20-year-old British software company developed cloud technology, a sale to genuine global players was the only way for worldwide expansion. The time and effort as well as financial cost associated with delisting a company from the UK's Alternative Investment Market (AIM) can be off putting, particularly in uncertain markets. The need to comply with Takeover Panel and London Stock Exchange requirements represents ... read more

3Par boss nets £65m fortune from hi-tech bidding war

The British boss of a little-known Silicon Valley data storage company, 3Par, is set to become one of the UK's wealthiest technology moguls, scooping a personal fortune of $96m (£65m) following a bid battle for the loss-making business between HEWLETT-PACKARD and DELL. David Scott, 3Par's chief executive, is the son of a Jamaican father and an English mother. The 48-year-old was born in the Caribbean but grew up in London and studied computer ... read more

Is this the most exciting time for Technology? The CEO Agenda verdict was Yes!

A quick update on the event we co-hosted earlier this year, where we invited Google, Paypal and LoveFilm founder William Reeve, Loccit and Eden Ventures to a panel debate on technology. Hearing brands of that stature share their industry perspective was too great an opportunity to leave entirely to memory; so we produced a series of videos to share with a wider audience. They include the full panel debate, audience ... read more

ICON advises Universal Messaging specialist my-Channels on its sale to Software AG

ICON Corporate Finance has advised my-Channels on its sale to Software AG (Frankfurt TecDAX: SOW). my-Channels provides extremely fast (low latency) messaging software which will enable Software AG's customers to integrate their enterprise applications, cloud based applications, and mobile devices through a unique, universal messaging layer. Customers will now have the ability to stream large volumes of critical data to employees, customers and  partners anywhere, over any channel and to ... read more

Is this the most exciting time for technology – ever?

Technology giants Google, PayPal, and the Founder of LoveFilm  said "yes" at our recent CEO Agenda panel discussion. Fellow  panellist, Loccit CEO, Luke Aikman agrees. Being asked to comment on the "future of technology" is something my team do every day: online, with friends and with the increasingly well-networked people we meet. This, however, was different. Being asked for your view over a canapé is one thing. Being invited to ... read more

UK tech sector is positioned for a global challenge

By the end of this year, the US technology company Apple could see its cash reserves outstrip those of the US government. While the UK hasn't yet produced an equivalent, there are signs that technology might be the key sector in Britain's future. Last year, the sector outperformed the broader equity markets, with investors being attracted by strong balance sheets and higher growth rates. This increased confidence translated into a healthy ... read more

ICON advises SaaS company Atlantic Global on its sale to US based KeyedIn Solutions

Software and consulting company KeyedIn Solutions has made a formal, recommended offer for the acquisition of Atlantic Global at a price of 22p per share. Atlantic Global, which is based in Cleckheaton, West Yorkshire, put itself up for sale in September after receiving two preliminary takeover offers. Atlantic won a number of new customers last year including FriendsLife, The Lewis Group, Happy Customer and TAH Limited. Eugene Blaine, Atlantic Global's ... read more