Snippets: CeNeS in offer talks; Celsis sees strong trading
AIM-listed CeNeS Pharmaceuticals plc said it is in discussions with unnamed parties that may or may not lead to an offer for the Company.
The ten year old Cambridge-based biotech specialising in the central nervous system drug market has a market capitalisation of around £12.75m
+ + + +
Celsis International plc, the life sciences products and laboratory services company, said it has continued to see strong trading into the second half of the financial year to end December following its positive interim results.
It said excellent performances have been seen from the Rapid Detection and In Vitro Technologies divisions, particularly during December, and the Group overall continues to trade in line with the Board's expectations.
CEO Jay LeCoque (pictured) said: "Celsis is well positioned to grow organically, with progress in the Rapid Detection and In Vitro Technologies divisions being particularly encouraging during the quarter.
“In addition, we continue to review new acquisition opportunities. Overall, the Company looks forward to a positive year end performance, with revenue and profit growth in line with the Board's expectations."
+ + + +
Autonomy ZANTAZ, specilaist in the archiving, eDiscovery and policy management markets, announced its unique ability to discover electronically stored information (ESI) in all virtual environments, including those powered by VMWare, further extending its lead in eDiscovery.
In order for companies to be compliant with the Federal Rules of Civil Procedure (FRCP), eDiscovery software must be able to find and hold all information relevant to litigation, including more complex file types such as virtual images, multimedia attachments, voice, video, IM and blackberry messages.
According to VMWare, all Fortune 100 and 20,000 corporate customers benefit from substantially lower IT costs, choice of operating systems, and a more automated and resilient systems infrastructure delivered by VMWare. When it comes to performing eDiscovery, these virtual environments are being overlooked due to complexities associated with the mapping, auditing and reporting duties under FRCP since an organization must be able to identify where the information is stored.
7th February 2008
