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Infobank International is acquiring a 10% stake in HISL of Birmingham for £8m, in order to gain access to new programming technology that will reduce its software development costs. 25-Oct-2000 Infobank, the e-commerce software company, is planning to raise £130m in a share issue, and the proceeds will be invested in sales, marketing and infrastructure. 03-Mar-2000 Infobank is to sell Internet Software Corporation to management for £6.5m, in order to focus on electronic procurement technology. 30-Nov-1999 Infobank has bought the remaining 75% of Elliott Pearce in a £2m deal, in order to expand its e-commerce business. 09-Nov-1999 Infobank International is forming an alliance with Resultum Group of the Netherlands in which Resultum will provide support to distributors of Infobank's e-commerce systems. 26-Aug-1999 Infobank International is raising £9m in a share placing in order to fund the development of its electronic commerce software. 26-Nov-1998 Infobank International, the electronic commerce systems company, is acquiring Software Corporation, the software retailer based in York, for £8.2m. 08-May-1997
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