IPO fever is back. Sort of

NEWS A Surrey-based information security firm is set to become the first high-tech company to float on the London Stock Exchange in over a year when it lists in June. Detica will debut on the LSE in the summer with a market capitalisation of up to £100m, this morning's Financial Times reports. The company counts Lloyds TSB, National Express and Centrica among its clients. The last technology company to float in London was Marlborough Stirling in April 2001. In the first three months of last year 38 firms went to market including France Telecom-owned Orange.