U.K. technology services companies MessageLabs Group Ltd. has announced that business-to-business Internet services provider Star Technology Services Ltd. will separate from the company through a management buyout. Terms of the deal were not disclosed. The MBO is led by Ben White, the business' founder and CEO. As well as CEO of the newly separated Star, White will also retain his role as CSO of MessageLabs and vice chairman of the board. Star provides business-ready technology packages for small and medium-sized businesses. For its financial year ended July 2006, MessageLabs reported revenue of £91.2 million ($173 million) representing an increase of 23% over the previous year. —Phineas Lambert

See press release from MessageLabs