Software Group in Services Boost

Summary


Software and IT services group Innovise has boosted its range of services after agreeing to pay pounds 800,000 for web-hosting company RapidHost Ltd The cash and share deal will allow Brierley Hill-based Innovise to bring together RapidHost's system hosting capability within its own Software Solutions division.

Mike Taylor, the chief executive of AIM listed Innovise, said: "There are two major gains for the division. First, in our fast growing 'software as a service' 'usiness, RapidHost will allow us to improve and differentiate our offering versus competitors that lack hosting applications.

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Software Group in Services Boost

"Secondly, t...

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