European VC funding has bounced back. That’s according to Q2 figures produced by Dow Jones VentureSource which reports that investment is up by 50 percent compared to the record low of this time last year.
Sage, the accounting software group, has emerged as the frontrunner to acquire TeamSystem, the Italian business management software group, for up to €650m (£542m). Final bids for TeamSystem are expected on Friday for the business that has been put up for sale by Bain Capital, the US private equity group.
Craneware has launched an American investment programme to raise further capital to support its expansion. Each American Depositary Receipt (ADR) share will represent two ordinary shares and trade on the over the counter market.
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A group of Scottish entrepreneurs has combined forces to create an online media channel designed to help small businesses move out of the recession and into the next decade.
The free service, called Guruspot (www.guruspot.co.uk), was launched today, and offers small and ne
A hailstone weighing almost a kilo that fell in the state of South Dakota has been confirmed as the largest ever recovered in the USA.
A UN panel adds the Florida Everglades and Madagascar’s tropical rainforest to a list of world heritage sites at risk.
The incoming BP chief executive has said it is time to scale back some parts of the oil spill clean-up in the Gulf of Mexico.
Land in the north of Chile is "ready" for another major earthquake, say researchers, adding that authorities did not act on previous warnings.
Scientists develop a device that allows people with severe disabilities to control a wheelchair and communicate by sniffing.
A desalination plant which begins operating in Madras on Saturday will provide some of the cheapest drinking water in India, backers say.
The largest wildlife census of its kind conducted in Chernobyl reveals evidence of mammals declining in the exclusion zone.
China is struggling with an arduous clean up after the country’s worst oil spill, with grim conditions for those involved.
A wildlife reserve in the US has a new star attraction after a donkey there gave birth to a foal with stripy legs.
Animal welfare groups in Greece are calling for the closure of the country’s first dolphinarium and urging schools not to visit the attraction.
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