• Going Dutch British mobile phone manufacturer Sendo is to open a configuration and distribution centre in Zevenaar, in the Netherlands, employing several hundred staff by March. The Birmingham mobile phone firm, 35% owned by CCT Telecom of China will introduce its first two mobile phones in Europe and Asia this year.

• No action: The US federal trade commission has concluded its investigation of Intel for anti-competitive practices and decided no action is warranted. The FTC announced its continuing investigation in March 1999 after settling other charges that Intel extracted high prices or unfair access to trade secrets ofcustomers Intergraph, Compaq Computer and Digital Equipment under the threat of withholding information the firms needed about Intel chips.

• Buyout: The British financial software company CFS is to acquire Decision Systems (DSI) of the US for $128m (£92m) in cash. The acquisition will be financed in part through a placing and open offer which is intended to raise £55.4m. DSI provides software for the equipment leasing market.