Solihull comms firm Wavenet continues acquisition spree

Solihull communications firm Wavenet has made its second acquisition of the year. The company provides communication products and services to small businesses in the UK has bought Norfolk-based Swains in an undisclosed deal. The King’s Lynn company provides business communication services including telephony, internet and mobile. It comes after a deal announced in April to acquire Warrington-based […]

Xaar opens 3D printing business in Nottingham Science Park

Xaar, an inkjet business has opened 3D business in Nottingham, saying that talented graduates were one of the main reasons. The company has moved into a 5,396 sq ft office at Units 5 and 6 on Nottingham Science Park in a deal brokered by Innes England. Xaar says the move is part of a drive […]

Technology investor makes strong progress in profitable year

Mercia Technologies, the Henley-in-Arden based technology investor focused on the UK regions, has welcomed a “positive year” in which it recorded a £1.1m profit and increased the value of its portfolio companies. It believes it has built “a compelling and sustainable model”, which sees it invest third party funds into businesses and then takes the […]

Portech implements new stock take system for Webster and Horsfall

Webster and Horsfall, a 297-year-old Birmingham company at the forefront of wire manufacturing, has transformed its stock taking with a new stock management system from mobile computer solutions provider Portech Systems. Responsible for the first ever transatlantic cable and based in the city of Birmingham, Webster and Horsfall combines its wealth of experience with state […]

Midlands Engine signs MoU with US centre of research in cybersecurity

Sir John Peace of the Midlands Engine joined U.S. Governor Larry Hogan and the Maryland Department of Commerce to sign a Memorandum of Understanding (MOU) to strengthen the relationship between the Midlands region and Maryland, the centre of research and innovation in cybersecurity in the U.S. The agreement, signed by Sir John Peace, Chairman of […]

ByteSnap delivers custom Android device for multimedia tours

Award-winning embedded electronics consultancy, ByteSnap Design, has delivered a project to transform ATS Heritage’s digital and multimedia content delivery across multiple UK heritage and cultural sites. ATS is an innovative producer of multimedia tour guides and apps for sites such as St Paul’s Cathedral, Bletchley Park, National Portrait Gallery, The View from the Shard, National […]

Genesis Technical Systems joins the Broadband Forum

Coventry’s Genesis Technical Systems is the newest member of the Broadband Forum, the leading industry body that is focused on engineering smarter and faster broadband networks. Joining the Forum will allow Genesis to leverage its shared goals with industry leaders from the membership as it works to provide innovative broadband technology solutions through legacy copper […]

Edge Testing Solutions reports annual results of £10.1 million

Edge Testing Solutions, one of the UK’s fastest growing and largest independent software testing company, has announced strong end of year results, achieving revenues of £10.1m. Edge surpassed it’s three year business plan put together in 2014 to reach £10m turnover by 2016.  Operating profit is also up by 5% to over £1.3m and the […]

Losses widen at Lutterworth-based firm Intercede

Losses at Intercede, the Lutterworth-based cybersecurity firm Intercede, have increased for the 12 months to 31 March, while revenues have fallen. Turnover at the listed firm dropped from £11m last year to £8.3m, while losses widened from £1m to almost £4m. Despite this, Intercede’s boss is remaining upbeat. Richard Parris, chairman and chief executive, said: […]

PWC and University of Birmingham to launch tech degree apprenticeships

PwC is partnering with the University of Birmingham to create a new fully-funded technology degree apprenticeship.  Starting in September 2018, the innovative programme will see 80 students a year combining university life with practical work-based technology projects at PwC. The four year course is being developed by PwC in partnership with two leading universities – […]

£2 million deal for Birmingham social network Wambiz

A Birmingham tech firm has sold the intellectual property and distribution rights to its social network to a education specialist for £2 million. Established in 2013, Wambiz is a social network for students to connect, communicate and collaborate with peers, teachers and institutions with the aim of increasing engagement with young people while outside of […]

Private equity firm takes stake in Nottingham tech business

Private equity firm NgCapital has taken a stake in Nottingham-based SMS services firm Esendex. The value of the deal is undisclosed. Founded in 2001, Esendex provides messaging solutions to over 13,000 SMEs and corporate customers and employs over 140 staff. Esendex recently acquired SMSpubli, a leading supplier of business messaging services in Spain. Esendex and […]

App developer SWOOPOS secures new funding to expand business

A Birmingham tech entrepreneur who has created an app allowing users to order and pay for food while also providing customer insight to business owners has received a six-figure investment for the business. Developed by Lee Nazari, SWOOPOS is a mobile point-of-sale system which offers several payment solutions aimed at helping merchants accept mobile payments, […]

Mercia Fund Management to participate in £8.5m accelerator programme

Specialist technology funder Mercia Fund Management will take part in a new £8.5 million scheme to provide fledgling firms with combined grant funding and venture capital. MFM, part of Warwickshire-based Mercia Technologies, will partner with Innovate UK’s new Investment Accelerator initiative. Investment is targeted at innovative early stage companies which operate in infrastructure or health and life […]

Green business idea competition gains global impact

Innovation Birmingham’s ClimateLaunchpad programme kicks off the fourth edition of its green business idea competition! Now welcoming Serbia, Azerbaijan, France and Germany as new participating countries and with interest from Argentina, India, Kenya and Australia, ClimateLaunchpad is no longer a European affair with over 35 countries expected to join the 2017 edition. The competition is […]