UKFast grows with acquisition of public sector security specialist
UKFast has acquired a cloud and cyber security services provider that works with a host of government organisations. UKFast chief executive Lawrence Jones has secured the deal to buy Secure Information Assurance (S-IA) following the announcement of a £2.3m investment to bolster his firm’s government data centre space. S-IA provides secure cloud hosting and cybersecurity services […]
Durham firm Kromek to raise £21m through share placing
County Durham radiation detection technology firm Kromek has announced its plans to raise £21m through a share placing, which will allow the company to strengthen its balance sheet. The Sedgefield-based business, which focuses on developing tech that can be used in the medical, security and nuclear markets. The share sale – consisting of a firm […]
Endless swoops for European IT company
Endless has bought a £70m-turnover European IT company as it continues to shift its transformational investment strategy onto profitable companies. The Leeds private equity house has increasingly focused on acquiring and growing profitable businesses and the purchase of MTI Europe from US-based private equity fund Garnett and Helfrich Capital fits in with this approach. Ed Ransome, […]
Rotherham IT director recognised for work in payment security
A South-Yorkshire-based IT Director, whose pioneering work on an anti-fraud technology system, dubbed “the future of telephone transactions” has been admitted as a professional member of the British Computer Society (MBCS). Awarded by peers of the Chartered Institute of IT, Steve Briggs currently works as IT Director at Rotherham-based Gala Tent, Europe’s largest distributer of […]
Durham County Council reduces data analysis costs by 50%
Durham County Council recently deployed LogPoint’s SIEM (security information and event management) technology to reduce its data analysis costs by 50 per cent in comparison with its previous provider. SIEM technology is providing the council with real-time analysis of data logs and alerts to potential security threats. A key factor in selecting LogPoint to deploy […]
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 […]
Deloitte to bring Startup Leadership Program to Manchester
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 […]
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 […]
Cybersecurity firm Secarma buys Pentest Ltd
Secarma has acquired application security company Pentest Limited for an undisclosed sum. Both companies are based in Manchester, with Secarma offering penetration testing and online security, while Pentest focuses on app security. As a result of the deal, Secarma is expected to add new resources to Pentest Limited, including a team of ethical hackers. Managing […]
NCC Group CFO resigns after five years
The chief financial officer (CFO) of Manchester-headquartered IT services provider NCC Group has resigned from its board. Atul Patel (pictured) will leave the group on 3 February 2017 or before if his successor is appointed, with the search for his replacement already underway. Patel joined the group initially on an interim basis in February 2011 […]
Intercede joins ARM and Symantec to build security standard for IoT
Security firm Intercede joined ARM, Solacia and Symantec to assess the security challenges of connecting billions of devices across multiple sectors; including industrial, home, health services and transportation. Their conclusion was that any system could be compromised unless a system-level root of trust was established. To deal with the risk, the companies collaborated on the Open Trust Protocol […]
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…