MOBILE workforce software supplier ServicePower has reported a widening of half year losses but says it remains confident about the future as new contract wins will boost second half performance. Half year revenues fell slightly to £6.4m (2015: £6.9m) to the end of June, with the company making a pre-tax loss of £700,000 (2015: £600,000).

Manchester is one of the few big cities with a high concentration of tech jobs, boasting 10 tech jobs per 1,000 head of population; Souhampton has the same. Manchester plays host to Google and has a strong app development and digital marketing culture, while Southampton specialises in e-commerce, hardware and data analytics, according to the […]

DueCourse, a cloud-based invoice financing service for SMEs, has received £6.25m in angel funding. The total investment includes £1.25m equity funding, and £5m of debt for lending to UK SMEs. Based in Manchester, the firm’s new backers include the founders and investors of Zoopla, LoveFilm, TransferWise and LinkedIn. DueCourse’s free software launched in 2015, and is aimed […]

Communications solutions provider, DXP, has been selected to offer its Unify Cloud Telephony services on G-Cloud 8’ Digital Marketplace, the latest iteration of the government’s G-Cloud framework. This is the second time in 12 months that the company has been recognised by the government initiative, having achieved G-Cloud 7 status in November 2015, demonstrating DXP’s […]

Professional services giant Deloitte is planning to bring its lobal training initiative the Startup Leadership Program to Manchester. The programme offers support to start-up CEOs in Manchester and the North. Deloitte will provide a venue for training and events over six months while Deloitte representatives may help shape the SLP curriculum and content of the […]

Video technology specialist CitNOW secure a multimillion-pound funding package from Santander Growth Capital. Named in 19th place on the Sunday Times Hiscox Tech Track 100 list, CitNOW is embarking on its next phase of growth after working with BHP Corporate Finance to obtain the Santander finance. The company provides video apps for the automotive industry, to […]

Shareholders in Leeds headquartered Premier Farnell, the electronics firm behind the Raspberry Pi computer, are expected to back US company Avnet’s £868m takeover offer next Monday as overseas buyers take more interest in successful UK companies. Recently, ARM Holdings was purchased by Japanese Softbank. Avnet is one of the world’s largest global distributors of electronic components, computer […]

An innovative firm which is harnessing the technological power of diamonds has successfully raised £750,000 to drive its work forward. Stockon-on-Tees-based Evince Technology is developing semi-conductor devices using synthetic diamond, which is considered by experts to be the ultimate semiconductor material. The company’s goal is to manufacture synthetic diamond-based electronics, aiming to work with developers and manufacturing […]

A mobile payment technology company, a marketing software developer and a technology business are the only three North East companies to be named on the latest Sunday Times Hiscox Tech Track 100. The annual league table, which is in its 16th edition, ranks Britain’s private technology, media and telecoms companies with the fastest-growing sales. Four […]

Managed IT services provider GCI has acquired Stoke-on-Trent based Packet Media for an undisclosed sum. This is GCI’s third acquisition this year and follows the purchase of Outsourcery’s assets in June. GCI has presence in Wakefield and Manchester. Mike Constantine, chief Technology Officer at GCI, said Packet Media will strengthen its capabilities: “what we are particularly excited […]

Alan Stubbs, chief executive of Sheffield-headquartered Servelec Group has said the technology business has taken swift action to counter issues which led the listed group to issue a profit warning earlier this year. A “slippage” in contracts meant Servelec, which provides software, hardware and services to industries including healthcare, oil and gas and utilities, was […]

Digital Lancashire has launced to support technology companies within the region, and “accelerate the digital economy in Lancashire.” Supported by Lancashire County Council, membership fees will help the organisation to focus on skills, training, awareness of the tech sector and improving best practice. Membership is, however, free for the first 100 companies and individuals that sign up. Digital Lancashire is headed up by Managing […]

Turnover for the Leeds-based EMIS grew to £78.7m for the half year to 30 June, up from £77.8m. EMIS said this was due to a “limited” contribution from acquisitions (just £700,000 in the period) and also revenue headwinds in NHS spending on hardware. EMIS said that order books and pipelines were maintained despite the uncertainty created […]

Nomad Digital, the train Wi-Fi specialist has announced that its turnover has reached £42m following global contract wins in new and existing markets. The Newcastle-based business has grown rapidly since it was established 14 years ago and is now the leading provider of passenger and fleet connectivity solutions to the railway industry. The group provides Wi-Fi […]

Newton-Le-Willows based Arrow has announced the completion of a strategic investment (undisclosed figure) by Growth Capital Partners (GCP) to fast track growth and secure future M&A activity. Recent strategy has seen Arrow completing seven acquisitions in the last six years. The business has nearly trebled in size and transformed from its mobile roots to a much […]