Feeds

Web software consolidation as JSB snaps up Kansmen

First post-float acquisition for UK Web access firm

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

JSB Software Technologies will make California-based Kansmen its first acquisition since floating last year. UK-based JSB has entered a "conditional agreement" to buy the software company for an initial consideration of $2 million cash and deferred consideration of up to $3 million in cash and shares. It is hoping to raise the $5 million to fund the buy-out by placing 2,367,439 new ordinary shares at 230p per share, according to a statement by JSB today. JSB specialises in Web-access software. It floated on AIM last June. San Jose-based Kansmen produces similar Internet access management products to JSB. Congleton-based JSB recorded a pre-tax loss of £373,000 against £1.76 million interim turnover for the six months ended November 1998. It has a US subsidiary near San Jose, California, with offices in Copenhagen, Denmark. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.