16/10/1998
A strong performance in the first half of the year from the Israeli-based maker of innovative data communications equipment saw pre-tax profit rise 25% to $1.24m on sales up 63% to $7.79m. Since the end of this period David Goldman, who built up the Sage Group, has bought a fifth of the shares for £8m and become chairman. He was attracted by BATM's technology, which enables data to be sent at high speeds using local networks and photonic light signals running down fibre optics. US giant 3M has backed these developments by ordering $12m worth of equipment. Other clients include IBM and Lucent.
| Market cap: | £50.34m |
| Share price: | 162p |
| LSE | £210.43m |
54.00p
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0.25p
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| Other company articles: |
| 03/01/2008 |
| 27/03/2007 |
| 06/12/2005 |
| 01/07/2003 |
| 04/02/2000 |
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