K3 Business Technology boosts retail software arm with latest acquisition

By Gino Verza:This article discusses the investment opportunity in American Software (AMSWA), despite persistent problems in the Enterprise Resource Planning segment. Background

The industrial strategy for aerospace has been developed by government and industry. Launched today by Deputy Prime Minister Nick Clegg during a visit to Airbus in Filton, it sets out how they will ensure the UK continues to thrive in the face of increasing global competition and is able to exploit rapid changes in technology.

Shares in AIM listed Iomart Group (LON:IOM) edged up 1% to 89.5p this morning on news that the managed hosting and cloud computing services company had acquired Titan Internet Ltd for up to £4.2m in cash. Shares in iomart have been substantially re-rated over the last 12 month, rising from 48p at the turn of the year and hitting a 12-month high of 99.5p at the start of October.

In FY11, K3 expanded its customer base, contracted revenues and product offering through a series of acquisitions and invested heavily in its Managed Services business. K3 now has a significant opportunity to drive recurring revenues and organic growth through cross-selling to its enlarged customer base and seeks further acquisitions to add to its customer base and technical resource.

Supermarket group Morrisons (LON:MRW) has acquired Kiddicare, the award winning multi channel online retailer, together with the rights to its highly regarded technology platform, for £70m. The acquisition is the first step in developing Morrisons online business. The group said it intended to build its online non-food business, developing the kiddicare.com platform and management team, and launching its first products in 2012.Kiddicare will continue to trade separately as kiddicare.com, led by Scott and Elaine Weavers-Wright, who will pursue an ambitious growth agenda.

TechCrunch submits: By Sarah Lacy NetSuite (N), one of the handful of companies to build a big company out of the early 2000s software-as-a-service funding scrum, is now making a push into cloud based enterprise software, according to several announcements being made this morning by CEO Zach Nelson at SuiteWorld, the company’s user conference being held in San Francisco.

In a welcome display of openness and a recognition of the need for broad shareholder communications, Alternative Investment Market-listed marine communications specialist Software Radio Technology (LON:SRT) hosted a live 38 minute webcast on its site for its shareholders on Friday, providing helpful insight and transparency on its business and its future plans.  SRT's CEO, SImon Tucker, talked through a set of presentation slides which had been prepared in response to those questions submitted by investors earlier in the week. Software Radio Technology develops advanced radio communications te

In an impressive display of openness and a recognition of the need for broad shareholder communications, Alternative Investment Market-listed marine communications specialist Software Radio Technology (LON:SRT) hosted a live 38 minute webcast on its site for its shareholders on Friday, providing helpful insight and transparency on its business and its future plans.  SRT's CEO, SImon Tucker, talked through a set of presentation slides which had been prepared in response to those questions submitted by investors earlier in the week. Software Radio Technology develops advanced radio communication