Anite to remember

Shares in Anite Group have rocketed by 14 per cent after the UK computer systems company revealed it is negotiating a sell-off of its UK networking division. Anite, formerly known as Cray Electronics, is restructuring after incurring a pre-tax loss of #50 million in the year ended 30 April and will announce details of the sales on release of its interim results on 16 December.