Property firm swoops for Manchester data centre and tech firm in £9.5m deal

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MANCHESTER-based services company Styles & Wood has acquired critical facilities and data centre services provider Keysource Ltd for about £9.5m. The deal is for an initial consideration of £2m to be satisfied in cash and shares with an additional payment to reflect any excess working capital of £2.5m. This payment will covered in cash inherited in […]

H1 losses for workforce software firm – Service Power

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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).

DXP secures G-Cloud 8’ Digital Marketplace spot with its Unify Cloud Telephony services

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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 […]

Deloitte to bring Startup Leadership Program to Manchester

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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 […]

Managed IT services company GCI makes third acquisition this year with Packet Media

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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 […]

Servelec undertakes “swift action” to steady IT services firm

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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 […]

Leeds healthcare software firm EMIS reaches £78.7m turnover

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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 […]

Gateshead ICT firm plans headcount growth as turnover set to reach £2m

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Gateshead-based Smart IT is planning further expansion after enjoying significant growth in the last 12 months. Profits at the Team Valley Trading Estate provider of ICT solutions have grown by 22% in the past year as demand from public and private sector SME clients have pushed turnover at the firm to almost £2m. Smart IT’s Managing Director, […]

Durham tech firm secures future following six figure Growth Fund investment

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Durham tech business Powerdial Services has received a six figure investment from the Finance for Business North East Growth Fund, which has helped to propel its fortunes over the past two years. The firm provides business collaboration and ICT solutions, and has achieved more than 40% year-on-year revenue increase over the last 12 months, as well as […]

Razorblue hoping to find North East tech talent

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Razorblue Group, an IT company with operations across Yorkshire has opened its first North East office. The 10 year old company employs a workforce of more than 40 across its Catterick, Leeds and London bases and recently posted record results. The company plans to use the new base to increase turnover from £3.5m to £4.5m. Based […]

Tech North ready to bring in global talent to boost Northern firms

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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 […]

Sci-Tech Daresbury firms collaborate on £21.5m worth of business

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The business generated through Sci-Tech Daresbury companies, universities and national science and research body the Science and Technology Facilities Council (STFC) grew from £4.9m in 2014 to £21.5m in 2015. Businesses at the Cheshire site, a location for high-tech business and leading edge science, found that 74 per cent of them were collaborating with either […]

LDeX doubles capacity in Manchester with second data center

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Data centre colocation provider LDeX doubles capacity in Manchester with second data center.  The 20,000 sq ft facility sits next to existing data center, which was opened in July 2015. The new site at Trafford Park will be used to provide the company’s global clients with colocation, network connectivity and streaming media satellite services. It will […]

Azzure IT awarded 2016 Microsoft President’s Club status

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The President’s Club for Microsoft Dynamics recognises high performing Microsoft Dynamics partners, like Azzure IT, a company that delivers successful Microsoft Dynamics business results. These are the growth of the Microsoft market presence, strong customer service focus and adoption of technology to advance the services and solutions to customers. Azzure IT have been recognised as one of the […]

Perfect Image posts record results

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North Tyneside technology solutions provider Perfect Image in on the recruitment trail after posting a bumper year of growth and record results. Perfect Image designs and supports cloud, traditional and hybrid IT systems, has seen turnover for its latest financial year reach £7.5m, a 30% increase on the previous year. Based on the Cobalt Business Park […]