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Gresham Computing

Gresham Computing has sold its Redstone Software testing and automation business to Testplant for a nominal sum.

Gresham Computing is to raise £2.7m in a share placing to strengthen its balance sheet and fund the expansion of its global financial solutions business.

Gresham Computing is acquiring SIM Group, the software testing company, for up to £10m.

Gresham Computing is acquiring two Australian software development companies - ISS and Ozease - for an initial £0.8m.

Gresham Computing is to acquire ASI, the US software solutions company, for £1.6m.