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CSR said the acquisition complements and strengthens its current capabilities in its Voice & Music business line.

The MAP-X processor delivers high definition audio decoding and Internet audio streaming for next-generation home audio, audio-video receivers and soundbars.

As part of the acquisition, the company has acquired certain intellectual property-related assets such as patent and technology licences, and trademark rights related to the MAP-X business and a number of employees that support the MAP-X business from Trident's subsidiaries in Taiwan and Germa

Wireless technology and computer chip company CSR has acquired the MAP-X audio product line from US semiconductor solutions firm Trident Microsystems. CSR is paying $1m for the assets and will also take on certain liabilities relating to the MAP-X business.

Before the close of trade on Wednesday, ABG's shares were up 14.85% at 401.3p.

Meanwhile, ABG said in a statement: "With respect to Aaron Regent's position on the ABG board and role as Chairman we will provide further details in due course."

"On behalf of our board, I would like to thank Aaron for his significant contribution to Barrick's development. We are fully committed to maximising shareholder value, but have been disappointed with our share price performance," said Barrick's founder and Chairman Peter Munk. Shares of the New York-listed company, the largest gold miner in the world, hit a 52-week low in May of $34.82, well below the year-high of $55.95 reached last September.

Shares in FTSE 250 gold miner African Barrick Gold (ABG) surged in afternoon trading on Wednesday after its US parent company announced that it has replaced its President and Chief Executive Officer Aaron Regent. Regent, who has been serving in his position at Barrick Gold since the start of 2009, will be succeeded by Executive Vice President and Chief Financial Officer Jamie Sokalsk

"We attribute this resilience to the group's Template Technology which will be extended to a variety of other group channels and will, we believe, add to revenues and operating margin," it explained.

Following the year end, trading has continued at a similar levels across the group's online channels in the Netherlands and Belgium but has been more challenging across the UK's Franchise network, the group said. BrandDemand continues to gain momentum across the UK month-on-month while flyerzone.co.uk has also seen month-on-month growth.

Pre-tax slipped 3.8% to £1.26m following costs from software development, the acquisition of MFG and after it bought back rights from Territory Franchisees. Commenting on the results, chief executive Tony Rafferty highlighted the benefit of the MFG acquisition and the generation of revenues from the new Template Technology. "Despite the ongoing economic malaise, it and has remained profitable and cash generative throughout the period. The robust debut of the new Online Initiatives bodes well for the group's prospects moving forward."

Printing.com also announced that it would slash its dividend payment 19% to 2.55p as it undergoes a capital reorganisation. "Although the group's balance sheet and cash flow from operations were strong and would have supported a maintained dividend the distributable reserves would not do so for this or appropriate future dividends and it is the board's intention to take the necessary steps to undergo a capital reorganisation to address this issue," it said in a company statement.

The group, which has operations in the UK, Ireland, France, Holland and Belgium, tapped into an annual turnover of £21.77m compared to £17.02m a year earlier following a robust performance from Belgium. EBITDA increased to £3.43m from £2.86m before. However the Manchester based group warned that with the UK in recession and continued economic uncertainty in the Eurozone, it said it remains cautious in the short term.

Full year revenue and EBITDA powered ahead at high street printing services firm Printing.com as its MFG acquisition and revenues from the new Template Technology outweighed wider economic difficulties.

A total dividend 0.5p per share has been offered for the year compared to 0.7p the year before.

Cash balances at the close of 2011 were £2.91m compared to £5.74m at the end 2010.

Chairman Bernard Muller commented, "2011 was a year of contrasting experiences. We made great progress in the integration of our two companies and in furthering our expansion plans. " However the successes of 2011 were overshadowed by an explosion within its storage tanks in an area of the port shared with the cruise liners in Gibraltar, which resulted in significant repairs and clean-up costs. The costs have been absorbed into results for 2011. Another £0.20m has been written off relating to legal and professional advice arising from the incident.

Pre-tax profit rose to £1.52m for the year to 31st December 2011 compared to £1.5m the year before. The small increase was as a result of a rise in administration expenses due to a combination of exceptional costs in respect to the accident and business integration, as well as the enlarged group, Nature said. Revenues, which included 22 days from the acquisition of ISD, more than doubled to £15m from £6.8m previously. Operating profit jumped to £6.1m from £3.2m.

Maritime waste treatment company Nature Group said it experienced a year of contrasting experiences as it made progress integrating its two companies while results were hurt by an unresolved insurance claim relating to an accident in Gibraltar

It has been proposed that, should an agreement take place, a core team from CinemaNX, which is the current adviser to the MDF, would join the company to provide a level of continuity.