Kao Data constructing £350 million data centre in Stockport
Stockport is poised to become a hub for the UK’s digital and technology sectors as Kao Data, a leading developer and operator of advanced data centres, has commenced construction of its new £350 million facility in Reddish. This marks a significant expansion for Kao Data, as it will be the company’s first data centre outside […]
Opencast reports £50 million revenue in a year of consolidation
Opencast, one of the North East’s fastest-growing tech firms with an office in Newcastle and virtual hubs in Manchester and Leeds, has reported revenues approaching £50m during what it described as a “year of consolidation”. The company’s accounts for 2023 show turnover rising 38% from £36.3m to £49.9m. However, operating profit dipped slightly after the company […]
Cammax acquired by Canadian tech group, Modaxo
Castleford-based Cammax has been acquired by Canadian transport technology group Modaxo. Cammax, which manufactures self-service touch screen ticketing machines commonly used in car parks, public transport stations and by the NHS, is now part of the Ontario-based group that owns a portfolio of transport software companies worldwide. Although the financial terms of the deal remain […]
Northern Gritstone to open doors to external investors in 2025
Spinout investment firm Northern Gritstone, founded by the universities of Leeds, Manchester and Sheffield, is set to welcome external investors from the second half of next year, as it seeks to expand funding for its portfolio of spinouts beyond Series A. The firm, whose shareholders currently include blue-chip companies and pension funds, will shift to […]
Tribal Group reports “steady” performance despite sales challenges
Sheffield-headquartered education software provider, Tribal Group, has reported a “steady overall financial performance” in its half-year results. For the six months ending 30 June 2024, the listed company achieved revenues of £44.9m, up from £43.4m in the same period in 2023. Adjusted EBITDA stood at £7.4m, down from £8.1m the previous year. Tribal attributed the […]
Relentless Developments seals major deal with UK tech giant Arm
Relentless Developments has secured a significant deal with UK tech heavyweight Arm, marking a major expansion for the company in Manchester city centre. The agreement represents the largest letting at the £400 million landmark St Michael’s development to date and the biggest commercial property deal in Manchester in two years. Arm is set to occupy […]
Cyber attack disrupts Greater Manchester council housing services
A significant cyber security incident has affected housing software across the Greater Manchester region, leading to the temporary shutdown of several council housing websites. Locata, the software provider, supports housing operations for councils nationwide and confirmed that the attack initially targeted one borough in Greater Manchester, subsequently spreading to others, including Manchester, Salford, and Bolton […]
Liverpool travel tech start-up passes £1M revenue milestone
Liverpool-based travel technology start-up, digitaltravel.io, has reached a significant revenue milestone and doubled its office space in its third year of operation. The company, which provides digital solutions for travel and tourism businesses, particularly the cruise industry, is celebrating having surpassed £1 million in annual revenue – a significant jump from the first year, when it generated […]
£3B data centre could bring 400 new jobs to North Lincolnshire
A new development that could bring £3 billion worth of investment into the North Lincolnshire economy has been approved. The proposed scheme, submitted by Humber Tech Park Limited, aims to be one of Europe’s largest data centres, promising to create nearly 400 jobs. The development, which will be built on land near the A180 south […]
North East metaverse developer land £1M to target US market
Extended Reality (XR) software development firm Luminous XR has raised a further £1m from the North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Ventures. Luminous XR’s platform enables developers to create metaverse-style training programmes and simulate real-life scenarios, such as health and safety training. It is particularly popular […]
Warrington-based Talos360 sees tech revenues jump by 55%
Warrington-based human capital management (HCM) solutions provider Talos360 has increased its technology revenues by 55%, reaching £5.1 million for the year ending 31 December 2023. The provider’s increased technology revenues came about following a period of significant client growth and investment in its market-leading software services. Technology sales now constitute a record 44% of Talos360’s […]
Sunderland transforms city centre with digital tech street games
This summer, Sunderland city centre will host some much-loved family games with a distinctly modern twist. Sunderland BID has installed four street games in both Market Square and Keel Square, adding a playful element to these areas during the summer months. The games visitors can enjoy playing Twister, Bullseye, Snakes and Ladders, and Hopscotch, enhanced by […]
North East to benefit from multi-million EV and battery tech investment
North East mayor Kim McGuinness is set to approve a multimillion-pound investment in a Nissan-led project aimed at creating a new generation of skilled local workers in electric vehicle and battery technology. The £14.6 million project is the first initiative within the region’s £160 million Investment Zone and will provide open access to facilities for […]
Liverpool’s Videosign secures partnership with software provider
Liverpool-based digital signature platform company Videosign has announced a partnership with intelliflo, a financial advice software provider, in a collaboration that aims to enhance the user experience for both financial advisors and their clients. The integration of Videosign with intelliflo’s office platform, which streamlines client access to financial advisor services, will allow intelliflo to meet clients and […]
Boldyn Networks to establish 5G innovation lab for North East
Boldyn Networks has announced plans to create a private 5G network-enabled Innovation Lab, that is set to transform the Port of Blyth into the North East’s premier technology hub, offering unparalleled access to 5G technology for industries across the region. The Innovation Lab will provide a dynamic environment for businesses of all sizes to develop and […]