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Newell & Budge
Newell & Budge, the Edinburgh-based IT company with more than 600 staff, has been acquired by Sopra Group of France for undisclosed terms.
Newell & Budge is to set up a new £6m software development centre in Belfast, with the creation of 30 jobs.
Newell & Budge has acquired Momentum Technologies, the Indian software company with more than 120 staff, for about £2.5m.
Newell & Budge, the Edinburgh-based IT services company, is to undergo a £5m management buy-out backed by 3i, and is seeking acquisitions to expand the business throughout the UK.