Surveillance software specialist Farsight is poised to make some 'realistic acquisitions', says chief executive Christopher Thomas. Robert Tyerman reports.

AIM-quoted Farsight, which has been brought from virtual insolvency and recapitalised over three years by its present management and backers, 'may come back to the market' if the right target presents itself, says Thomas, despite the company's present low rating. 'We now have very good software, rewritten from scratch,' he maintains, pointing out that Farsight boasts the only Microsoft-accredited remote monitoring video software in the sector.

This is seen as a particular growth area for Peterborough-based Farsight, which lost £1.4 million in the year to last May but cut its deficit in the six months to November from £501,000 to £189,000. The shares touched 2.5p 18 months ago now languish at 1.13p.