Feeds

Systems Union shares jump

Recent movements prompt statement

Top three mobile application threats

Systems Union Group has confirmed it is in talks which could lead to its sale.

The finance software company's shares shot up this morning from 180p to 225p by lunchtime.

In response, SUG issued a statement to the Regulatory News Service, which said: "The board of Systems Union Group plc (the 'company') notes the recent movement in the company's share price.

As part of its strategic growth objectives and in the background of ongoing consolidation in the Enterprise Resource Planning and Corporate Performance Management marketplace, the board confirms that it is currently holding very early stage discussions which may or may not lead to an offer being made for the company. A further announcement will be made in due course."

Read the whole statement here.

Last month Systems Union Group posted results for the year ended 31 December 2005. It made a profit before tax of £8.2m on revenue of £113.4m. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
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
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
Intel sees 'signs of improvement in the PC business' but earnings remain 'Meh...'
Prospects for the future, however, please Wall Street money men
What's a right pain in the ASCII for IBM? Its own leech-like hardware biz
Keep your eyes on our cloud while we remove this pesky thing, say execs
Oracle's Larry Ellison has the MOST MASSIVE PACKAGE IN PUBLIC
Billionaire IT baron earns twice as much as the next in line, Disney chief Bob Iger
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
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.