Durham tech firm Kromek wins two national innovation awards
North East technology company Kromek has won its second – and third – national awards this month after taking two prizes at the IET Innovation Awards. Just a week after taking the Tech Achievement of the Year at the UK Tech Awards, the Sedgefield-based firm won the Intelligent Systems and Navigation and Surveillance Communications categories […]
Bradford cyber security firm targets £15 million AIM float
Bradford cyber security business which counts 10 per cent of the FTSE 100 as clients has revealed it plans to float with a market capitalisation of £15 million. Established in 2000, ECSC claims to be the UK’s longest running, ‘full service’ information and cyber security service provider. ECSC has grown rapidly to offer a complete […]
Manchester’s Smartlife secures investment for wearable technology
Manchester-based wearable technology business Smartlife has secured equity investment to help commercialise its product. Smartlife has developed technology which can be integrated into garments such as sportswear to read biometric signals and convert it into real time actionable insight. The patented technology is paired with electronics which feed back information including heart rate, respiration, activity […]
Newcastle IT firm True Potential makes Deloitte UK growth list for third year running
A Newcastle technology company is the only fintech firm in the UK to make the Deloitte Technology Fast 50 list for three consecutive years. True Potential employs 310 people at Newburn, and has seen revenues grow more than 300% since 2012 to reach £56.7 million in 2015. The award concludes an excellent year for True […]
Merseyside software developer beats expectations
Merseyside-based software developer Blue Prism has announced that full-year trading results at are expected to be “comfortably ahead” of existing expectations. The AIM-listed company, which is headquartered in Newton-le-Willows, said that momentum has continued in the final quarter of its financial year to 31 October 2016. The positive performance has resulted from strong new business […]
Comms provider Daisy to acquire MSP in £165 million deal
Communications provider Daisy is to acquire one of the UK’s largest independent IT managed services businesses in a £165m deal. Alternative Networks has offices in London, Manchester, Surbiton, Buckinghamshire and Kent, with the board of Lancashire based Daisy stating that the acquired company represents a “strong, complementary fit”. The deal will value the entire issued and to […]
Sunderland software firm Saggezza to expand following contract wins
Software business Saggezza has launched a recruitment drive to double its headcount following a series of contract wins. Based in the Sunderland Software Centre, Saggezzza offers software technology solutions to national and international clients and currently employs 20 people. The company is looking to make 15 immediate appointments, at graduate level and above, due to a number […]
Ultra Fibre Optic broadband network to go citywide in York
Ultra Fibre Optic (UFO) broadband suppliers CityFibre, Sky and TalkTalk have agreed to roll out the service across the city following successful pilots across some York neighbourhoods. The UFO network was set up as a joint venture partnership in 2015 to test the viability of large-scale FTTP roll-outs in urban areas. To date, it has passed 14,000 properties […]
Hedgehog Lab appoints Bob Paton as a non-executive director
Fast-growing Newcastle-based app designer and developer Hedgehog Lab has appointed a high-profile North East businessman as a non-executive director. Bob Paton, who retired as MD of Accenture’s Newcastle Delivery Centre in July and was interim chief executive of the North East LEP in 2015, will work as an advisor to the Newcastle company’s board and […]
Liverpool IoT firm secures £1m deal on India trade trip
Baltic Triangle-based Red Ninja, a Liverpool healthcare technology company has landed a £1.1 million deal to use internet technology to help save lives. The firm now aims to expand its healthcare technology products in India after securing the deal while on a trade trip with the Prime Minister. As well as connected devices, the firm […]
York HCM software developer bags £20 million investment for expansion
A York-based developer of human capital management (HCM) software has plans to recruit more people for its team and expand its headquarters after securing an equity investment of more than £20 million. The investment in Mitrefinch by private equity specialists LDC is part of a management buyout led by chief executive Debbie Guppy. LDC has become […]
Bury comms reseller scoops prestigious award
Cloudsource Technologies has been awarded Best Small and Medium-sized Enterprises (SME) Vertical Market Solution at the Comms National Awards, organised by Comms Dealer magazine. The Best SME Vertical Market Solution category recognises resellers that have created tailored solutions to help SME clients be more effective. Cloudsource’s entry for this category was based on a solution […]
Liverpool insurance tech company secures major investment
vast:visibility has secured what it describes as a major investment from HgCapital. The Liverpool-headquartered technology company has worked with high-profile financial services brands such as Confused.com and Admiral. The deal forms part of a platform of UK general insurance investing that was initiated by HgCapital through the acquisition of A-Plan Insurance in 2015. HgCapital also […]
Sheffield software company boosts ecommerce retailer plans for growth
Andrew James, an ecommerce retailer which designs and distributes kitchenware products, commissioned Sheffield-based Microsoft ERP systems specialist Azzure IT to provide and manage new software to ensure a single, integrated system to cope with the demands of a diverse clientele, growing business and a continually expanding product range. The retailer sells over 750 niche kitchen […]
York mobile comms provider connecting UK media during US elections
York-based specialist global service provider, Cellhire, is set to connect British media operators to the presidential election and House of Representatives and Senate elections in the US. Cellhire will provide hundreds of 3G and 4G voice/video and data connections to national newspapers, public and commercial TV and radio broadcasters, covering the presidential election on November […]