- Space management software supplier SmartSpace Software said it was eyeing acquisition opportunities after last year selling its systems integration unit for £21.6m.

The company also said that trading for its financial year through January was in line with market expectations.

'The disposal has provided additional capital for the company to invest in accelerating the development of its SmartSpace platform increasing the market opportunity from multi-national enterprises and mid-market reach,' SmartSpace said.

'It has also allowed SmartSpace to accelerate its routes to market by further investment in its direct and indirect sales and marketing capability.'

'The disposal proceeds have also enabled SmartSpace to consider acquisition opportunities that have the potential to accelerate the growth of the group by broadening SmartSpace's suite of software products in the smart building and co-working space markets.'

At 8:11am: [LON:SMRT] Smartspace Software Plc Ord Shs 10p share price was 0p at 90p

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