Sight and Sound Technology BIMBO

Sight and Sound Technology, a supplier of IT services for people who are blind or have learning difficulties, has completed a buy-in management buy-out (BIMBO). The deal was backed by Midlands-based venture capitalist Catapult Venture Managers, which invested £1.45 million, with senior debt from The Co-operative Bank.

Top 10 IT Companies in the Fortune 500

Here’s a list of the top ten IT focused companies* in the annual Fortune 500 list. Rankings are based on 2007 total revenues.

1. Hewlett-Packard  -  

   $104.3 bn

2. IBM  -  

   $98.8 bn

3. Dell -  

   $61.1bn

4. Microsoft -  

   $51.1bn

5. Fujitsu -   

   $46.7bn

6. NEC -   

   $40.4bn

7. Intel -   

   $38.3bn

8. Canon -   

   $38.1bn

9. Cisco Systems -   

   $34.9bn

10. Flextronics International –    

    $27.6bn

* Companies that derive the majority of their revenue from sales of information technology products or services. Excluded are technology product distributors, electronic component makers, telecoms companies and mobile phone manufacturers.

Further reading

Pentech Closes Software Fund

Glasgow-based venture capitalist Pentech has raised £45 million for its latest fund, which will invest in software companies in the UK and Ireland. The fund will back businesses with global potential in the enterprise software, telecoms software, internet and mobile sectors.

More info at Growth Business…