Mediasurface, an AIM-listed developer and distributor of content management software, has bought rival firm Immediacy in a deal that could be worth as much as £5.6 million.
Telecoms services provider DataSMS Holdings has joined PLUS Markets as the company seeks to accelerate its growth strategy. On admission, DataSMS had 7.5 million shares in issue, giving the company a market capitalisation of £840,000.
There was a time, as the new millennium hove into view, when anyone with a dotcom suffix attached trailer-like to the back of their business imagined their fabulous future was assured. Raising money was easy even without a business plan, as business angels, venture capitalists and investment banks fell over themselves to stump up bundles of cash with the hope of backing the next worldwide web sensation.
Take two companies. Equal size, equal prospects. Yet one is valued twice as highly as the other. Why? And how do you ensure your company gets the highest valuation possible?