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LogicaCMG is to sell its telecoms messaging business to a private equity consortium led by Atlantic Bridge Ventures for £265m.

LogicaCMG is to acquire WM-data, the Swedish IT services company, for £882m.

LogicaCMG has won planning permission to build a three-storey office for 300 new staff at its site on the Bridgend Science Park.

LogicaCMG is seeking European acquisitions to expand the workforce in its IT services business from 30,000 to 60,000.

LogicaCMG is planning to raise £400m in a rights issue to support a proposed £630m takeover bid for French IT services company Unilog.

LogicaCMG is planning to expand its IT services operation in Bridgend with the creation of 750 jobs, including 415 at a new business process outsourcing office.