Evince Technology secures £750K to develop semi-conductors with synthetic diamond
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 […]
Tech North ready to bring in global talent to boost Northern firms
Law firm Ward Hadaway has teamed up with Tech North, an organisation set up to champion the digital sector in the North of England, to help identify the best international talent capable of boosting the regional sector. The Top 100 UK law firm, which has offices in Newcastle, Leeds and Manchester, is working with Tech North […]
Newcastle 3D visualistion firm Zerolight heads to Live Works building
Zerolight, is relocating its headquarters to the Live Works building on Newcastle’s Quayside. It will take over all four floors of the building before the end of year. Incorporated in 2014, the 80-strong company provides 3D visualisation solutions – both in physical showrooms and online – for automotive brands such as Audi AG and Pagani Automobili. […]
Tech North begins quest for new batch of Northern Stars
Tech North is looking to discover the most promising early-stage tech companies in the North of England, including the lesser-known, undiscovered start-ups. Applications are open until 9 October, with the grand final on 17 November. If you think you’ve got what it takes, then apply online to become part of the Northern Stars 2016 competition. Northern Stars […]
Japanese Softbank buying ARM Holdings for £24 billion
UK technology firm ARM Holdings is to be bought by Japan’s Softbank for £24bn ($32bn) today. Shares in the firm surged by 45% at the open of the London Stock Exchange to 1,742.85p per share, adding £7.56bn to ARM’s market value. The Cambridge headquartered firm, which has other sites in Loughborough, Sheffield, Blackburn, Manchester and Maidenhead, designs microchips […]
Robotic software firm revenues increase to £4 million in half year results
Blue Prism, a robotic process automation software firm, has posted its maiden interim results, following its stock market listing in March. The Newton-le-Willows-based company’s software allows customers to save costs by creating a virtual workforce to handle back office, clerical functions. Blue-chip customers include the Co-op Bank, online retailer Shop Direct, RWE npower, the NHS […]
Automated home technology firm grows as consumers want smarter homes
Home technology specialist Finite Solutions has announced a 25% increase in turnover to £3.4m for 2015/16, boosted by strong demand for lighting design and smart control installations. The Leeds-based company specialises in whole house automation projects including home cinema, security, and audio visual systems that are fully integrated into smart phone and tablet interfaces. Finite […]
Brexit: UK technology shares nosedive
Shares in UK technology companies have plummeted on the news that the UK will leave the European Union. The FTSE 100 fell by more than eight per cent this morning, wiping £120bn off the value of the…
Raspberry Pi distributor Premier Farnell in £792m Swiss buyout deal
Deal sees Brit firm’s shareholders offered 50 per cent premium. Leeds-based Premier Farnell, British Raspberry Pi distribution firm, is set to be purchased by Swiss group Dätwyler Holding for £792m.…
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