Property software firm Thesaurus Technology snapped-up
Harrogate-based developer of software Thesaurus Technology for the estate and letting agency market has been acquired by a US-headquartered property software company MRI Software. Thesaurus Technology provides specialist software for estate and letting agencies to handle activities including tracking sales, updating databases, generating invoices and creating management reports. It also offers postcode lookup software through its […]
Dream Agility rescued in new deal after administration
Dream Agility, the award-winning advertising technology company led by tech entrepreneur Elizabeth Clark, has been acquired out of administration. Patrick Lannagan and Conrad Pearson from business advisory firm Mazars were appointed as joint administrators of the business on 2 November 2018. Lancashire-based Dream Agility’s business and assets have now been acquired by Dream AI Limited, […]
Newcastle VR specialist granted Microsoft partner status
Luminous Group, a Newcastle-based 3D imaging and mixed reality technology company, has received a prestigious accreditation from Microsoft. The company provides 3D mapping, virtual, augmented and mixed reality technologies for a broad range of industrial applications – including in oil and gas, health and safety, training, food processing and warehouse management. Luminous has joined Microsoft’s […]
Ideagen snaps up software company in £20.5m deal
Leeds-based software company Morgan Kai has been acquired in a £20.5m deal by Nottingham-headquartered counterpart Ideagen. Morgan Kai had developed an internal audit management product, MKinsigh,used by 370 customers across markets including the public sector, banking and finance, engineering, healthcare and energy, including the UK National Audit Office, the US Federal Reserve, Investec, the New York […]
Australian software firm launches UK headquarters in Stockport
An Australian software firm has set up its UK headquarters in Stockport. Sydney-based shipping software provider SmartFreight is part of the IFS Group and has offices in Australia, New Zealand, South Africa and Ireland. It provides innovative software solutions to 3,000 companies around the world, helping cut their distribution costs and enhancing their supply chain operations. For […]
MirrorWeb awarded contract to archive the history of Wales
Manchester’s MirrorWeb has been awarded a three-year contract by the Welsh government to digitally archive the nation’s online presence, preserving the government’s web-published content in both English and Welsh on all websites of historic and national significance, including Twitter accounts. This will open up full accessibility for the Welsh Government’s Information and Archive Services team. […]
Silwood launches new ERP starter packs for GDPR data discovery
Metadata discovery software vendor Silwood Technology Ltd has expanded its series of GDPR Starter Packs for major application packages, including SAP, JD Edwards and Siebel. Today’s launch of Oracle E-Business Suite and Microsoft Dynamics AX 2012 Starter Packs will enable more users to quickly and simply identify the precise location of Personal Data. The GDPR […]
Peak reaches £5m funding to meet customer demand
Inteligent business system specialist Peak has been backed by a further £1.5m funding boost to help it meet market demand and accelerate its R&D efforts. Peak’s secured capital to date now stands at £5m and has allowed it to expand its operations, taking headcount from ten to 60 in the last two years with plans in […]
Sunderland Software City signs MOU to help tech firms sell in China
Sunderland Software City has signed a memorandum of understanding (MOU) with TusPark Newcastle to explore how tech can be used to improve the way UK firms sell their products to China. One of the main projects the two organisations will be working on is discovering how software such as artificial intelligence (AI) can be improved for […]
Investment secured by software provider The Access Group
The Access Group, a provider of integrated business management software, has secured strategic investment from private equity firm Hg. The deal gave the business an enterprise value of approximately £1 billion. Current majority shareholder TA Associates will retain joint control of The Access Group. The Access Group, which has an office in Macclesfield, targets UK […]
Newcastle’s Performance Horizon named top tech firm in the North and Scotland
Eleven North East businesses have been named in a list of the 100 fastest growing tech companies in the North. Newcastle’s Hedgehog Lab was revealed as the fastest growing tech firm in the North East, placing ninth overall in the list compiled by tech investment firm GP Bullhound. Car battery manufacturer Hyperdrive Innovation were also found […]
Data analytics firm Peak joins Arsenal’s Innovation Lab
Manchester data analytics firm Peak has been chosen to work as part of the ‘Arsenal Innovation Lab’ after pitching against 21 other finalists in a Dragons’ Den-style event. The lab aims to identify new opportunities and develop “ground-breaking” fan experiences for the Premier League club. Starting on January 16th, Arsenal joined forces with Peak and […]
AccessPay launches BankSense innovation in fintech
Manchester fintech firm AccessPay has launched a ground-breaking new business area – BankSense, a real-time cash management and analytics tool aimed at global corporations’ treasurers. Offering treasurers one point of access to their entire banking universe, BankSense goes one step further by also giving them the ability to view cash positions in real time, by bank, by […]
Mercia backs Manchester’s Intechnica with £3.5m investment
Investment group Mercia Technologies has completed a £3.5m direct investment into a Manchester-based software specialist Intechnica as part of a £5m funding round. With revenue growth of more than 150 per cent during the last three years, Intechnica has already developed a high-profile client base that includes Ted Baker, AO.com, Pets at Home and Avis. […]
US data analytics provider Verisk acquires Sheffield’s Rebmark
International data analytics provider Verisk has acquired Rebmark, a Sheffield-headquartered software company that works with the injury claims sector. With the acquisition of Rebmark, Verisk’s clients in the UK can take advantage of software and systems that save time, capture data, improve accuracy, and eliminate inefficiencies for those working in the injury claims sector. Together, […]