smartFOCUS Group

Following today's announcement that software firm smartFOCUS is to be acquired by Emailvision Holdings for £25 million, Proactive Investors takes a look at the background to the deal

SmartFOCUS Group is doing more than just living up to market expectations. The recently announced major contract wins and continuingly strong demand for its software are set to translate into a full year performance that will come ahead of forecasts, justifying the bullish comments the company has received from brokers.

With fears of a double-dip recession it will be a long time before there is a real bubble in the software sector, but one software business that appears to be doing well is smartFOCUS Group.

By moving to SaaS, the small cap software company has been able to boost its recurring revenue stream, improve visibility, while also cutting the sales cycle

SmartFOCUS is expecting its full year results to be ahead of market consensus following recent contract wins, including a deal with financial services group Liverpool Victoria