TMT deals round-up

DLA (Mark Crichard) advised the Department of Health on its £530m IT and telecommunications procurement ‘N3’ contract. Under the deal, BT will provide networking services to the NHS. Bird & Bird advised BT.

Herbert Smith (David Paterson) acted for on its recommended offer for the AIM-listed Online Travel Corporation. The offer, announced on 3 March, values the Online Travel Corporation at approximately £55m. Marriott Harrison advised the target.

Hammonds (Clare Joyner) advised Felix Group on its acquisition of Felix Corporation and its subsequent admission to AIM. The interactive sales promotion company was listed with a market capitalisation of £24.7m. Kuit Steinart Levy (Kirsti Pinnell) advised Felix Corporation and Seymour Pierce acted as nominated adviser.

Teacher Stern Selby advised Cable Telecom on its acquisition by Telstra Europe, the UK subsidiary of the Australian telecommunications giant. Taylor Wessing (Tony Ghee) represented Telstra Europe.

Taylor Wessing (Simon Walker) acted for video game software developer Eidos on its £23m acquisition of IO Interactive. Danish firm Delacour advised IO Interactive.

Baker & McKenzie (Rory Graham) advised Fujitsu Services on its successful bid to run the NHS Care Records Service in the Southern Region. The contract is worth £896m and is due to run until 2013.

Laytons (Stuart Scott-Goldstone) advised the RisingStars Growth Fund on its recent investments into four technology start-up companies. Halliwell Landau (James Sheridan) advised the four companies. They included Nutren Technology, Biofutures, eXmL, and Platform Diagnostics.

Halliwell Landau (Frank Shephard) advised North West company Cyprotex on its £3.8m placing on AIM. The broker was Durlacher.