Feeds

USwitch calls in advisors to prep sale

Or maybe an IPO

Top three mobile application threats

USwitch.com - the UK-based utilities comparison web site - has confirmed that the business could be up for sale after appointing financial advisors to carry out a strategic review of the business.

Reports before Christmas said that the firm - which helps punters save money on utility, and telecoms bills - had a price tag of around £100m.

Today it's emerged that as well as looking for a possible buyer, the firm is also mulling an IPO.

Said chief exec Andrew Salmon: "We are at a very early stage of working with LongAcre Partners [financial advisors] to review our strategic options for the business, ranging from finding a strategic partner to an IPO - and we are also in the market for acquisitions. The key is timing."

Free for consumers to use, uSwitch.com enables punters to compare different utility services - such as gas, electricity, home phone, broadband providers and personal finance products - to get the best deal and claims the average saving for customers switching home phone is £120.

LongAcre Partners - the firm hired by USwitch.com - recently advised Friends Reunited in its strategic review that led to the sale of the business to ITV for £120m.®

3 Big data security analytics techniques

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.