LogicaCMG spins off telecoms business

THE TELECOMS bit of the consulting house, LogicaCMG, has been spun off into a new company acquired by VCs.

The new company is named Acision which we reckon is the result of a lack of available URLs which sound anything remotely like a telecoms company.

Anyway, the new company intends to build on its existing skills in the mobile messaging market. Its core business has been to supply SMSCs - the servers which handle SMS/text messaging traffic.

Acision also reckons it presently serves three out of every four videomail users.

Reading between the lines, it appears that LogicaCMG believes it will be able to sell more kit to mobile network operators by creating a new company which doesn't have such close ties to its remaining consultancy business. µ