Sheffield tech company acquired in PE-backed MBO

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A division of a technology and software business which was taken private last year has been acquired in a private equity-backed management buyout (MBO). Sheffield-headquartered Servelec has sold its systems integration business, Servelec Controls, to managing director Andrew Mills, who led the buyout with backing from Alcuin Capital Partners. The deal means Servelec Controls will no […]

Activ Technology set for further growth following Scottish expansion

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Newcastle’s Activ Technology has ended 2018 with great confidence for the new year, having opened its first office outside of the North East and achieving strong revenue growth across its divisions. Formed in 2010, the company has 28 staff and is a managed service provider for IT and telecommunications across the North of England and […]

Notify Technology raises £500,00 funding for software platform

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Newcastle- based Notify Technology has secured a £500k funding. Backers included the North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Fund Managers, Notify has developed a new health and safety software platform. The company plans to use the funds to step up its sales and marketing activities to attract […]

Veterinary tech start-up secures £1M for new diagnosis app

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A Leeds-based veterinary research and development start-up has secured £1m in funding. Founded in early 2017 by technology specialist Paul Hallett and experienced veterinarian Robert Dawson, Vet-AI’s Joii app enables pet owners to diagnose and receive recommended treatment, and is set to launch in April of this year. The company has received investment from several key stakeholders […]

Yorkshire data firm secures $3M cloud contract

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US health insurer with 15 million members to use the software after $3 million deal announced. South Yorkshire data firm WANdisco has secured its largest-ever cloud contract with a major US health insurer in an initial three-year subscription period agreement that is valued at approximately $3 million. The insurer, which employs 22,000 people and has 15 million members, […]

‘Tinkering’ Manchester children make robots, planes and catapults

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Primary pupils in Manchester have been building robots, planes, vehicles and catapults, using their creativity and problem solving skills under a teaching approach dubbed “tinkering”. The Royal Academy of Engineering and University of Manchester have been working in schools for the past three years and have devised a curriculum which they say capitalises on children’s […]

Property software firm Thesaurus Technology snapped-up

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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 […]

NW crypto entrepreneur grows business to £840K turnover

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North West entrepreneur is now on track to reach £1 million turnover in his first 18 months for his cryptocurrency business. Josh Riddett founded Easy Crypto Hunter, a manufacturer of crypto-mining machines. He commented: “Cryptocurrency is the future and is seriously disrupting conventional payment technologies avoiding swingeing bank charges for transactions like overseas payments or banking cheques or […]

Manchester software firm makes Deloitte Fast 50 list

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In Touch Networks has been named the North West’s fastest-growing tech company as part of Deloitte’s Fast 50. The awards, now in their 21st year, rank the 50 fastest-growing technology businesses in the UK based on their last four years of revenue growth. Manchester-headquartered In Touch Networks, which uses technology to boost the recruitment process for the […]

Manchester tech firm Bidooh wins South Korea contract

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A Manchester-based real-time advertising platform is set to run 10,000 digital screens in South Korea, after  signing a deal with DBDB Labs. Bidooh’s automated platform allows advertisers to accurately measure who has viewed each message and to adjust their plan, in real-time, accordingly. And because ads can be published in minutes, with no minimum spend or […]

Edge assists Northern clients with new Security Division

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Edge Testing Solutions is offering its Northern client base, from Liverpoool, Manchester and Lancashire to Leeds, York and Newcastle, access to a new Security Division – Eurofins Cyber Security – which boasts around 100 security experts worldwide. Providing its Northern-based clients with a range of services including risk and vulnerability assessments, testing and compliance, advisory and training services, the Eurofins […]

Tech Firm Announces Pilot Programme to Give the Gift of Connectivity

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Tech company yboo to launch a new programme helping children get connected to online educational resources. Technology firm, yboo, has announced an educational pilot programme commencing in Honley High school to enhance educational opportunities and bridge the nations digital skills gap by gifting children with the resources to stay connected. yboo strongly believes that in an […]

Dream Agility rescued in new deal after administration

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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, […]

Plans revealed for tech giant Huawei’s new Manchester base

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Technology giant Huawei could be moving into a new office in Manchester as early as March 2019. Chris Hill made the announcement at a ‘Grow your business through smart tech’ event earlier this month, which was held in association with Huawei and Manchester-based Utopia Technology. Hill, who is the director of sales at Huawei’s Enterprise […]

South Shield’s Shoptimised secured several significant contracts

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Shoptimised, a South Shields-based retail technology company, has announced plans to double in size over the next six months after securing several significant contracts and partnerships. The company provides a product feed optimisation platform and price comparison software for digital marketing agencies and retailers. It recently won new business from Newcastle-based menswear retailer END Clothing, […]