Investment secured by software provider The Access Group

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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

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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 […]

Intelligence organisation GCHQ to set up shop in Manchester

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GCHQ is to set up a site in Manchester in 2019, which the agency claims will bring “hundreds of new jobs” to the area. The secure site will benefit from “cutting-edge technology” and “technical ingenuity” to identify and disrupt threats to the UK. Jeremy Fleming, director of GCHQ, said the Manchester site will create hundreds […]

NETPark opens £7.4m Explorer facility to attract tech firms to region

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A new £7.4m development designed to be a home for high tech businesses has opened in County Durham. The new Explorer facilities were officially opened by Stuart Martin, chief executive of the Satellite Applications Catapult, who visit the centre at its base at the North East Technology Park (NETPark). The Explorer building has already proven to […]

New chief executive appointed at IT Services firm SysGroup

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Liverpool-based IT services provider SysGroup has appointed a new chief executive, Adam Binks. He joined the company in 2014 and was appointed to the board in 2017, and has now been promoted from his role as chief operating officer. Binks has been tasked with leading SysGroup through its next stage of growth, which will incorporate acquisitions […]

Computing launches Cloud & Infrastructure North in Manchester

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In a couple of week’s time industry magazine Computing will be bringing a host of expert speakers to Manchester on the 18th of April for the inaugural Cloud & Infrastructure Summit North. The Cloud & Infrastructure Summit in Manchester will be covering: • The future of the cloud; • Implementing cloud culture; • The role of AI, IoT and […]

Three businesses selected to make Manchester a smart city

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Three new trial projects from companies with big ideas to help make Manchester city centre smarter are being launched through CityVerve – the UK’s smart cities demonstrator. The three companies responded to a market consultation exercise that took place in late 2017.  The consultation provided an opportunity for companies to address current challenges within Manchester using digital solutions and […]

New IT jobs to be created as Waterstons moves to Aykley Heads

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Business and IT consultancy Waterstons is moving to Northumbria House at Aykley Heads in Durham. Waterstons’ switch from its current base at Belmont Business Park has been sparked by growth of nearly 30% last year to turnover of £9.4m, and this year the group expects to see growth of around 20%. The company, which also has […]

Skills shortage: North has 1.4 job vacancies for each digital worker

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In the north of England, there are 1.4 job vacancies for every digital worker in the region, according to a study by professional services provider EY and Tech North. The research found that 712,750 digital technology vacancies were advertised across the north over the past three years, but there are currently only 168,671 digital tech […]

Upside Energy secures funding for cloud-based smart grid platform

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Manchester-based smart energy startup Upside Energy has secured investment totalling £5.5 million. The firm received the financial support to grow its team and speed up commercialisation and deployment of its cloud-based smart grid platform. Its platform aggregates the energy stored in everyday connected devices, such as batteries and hot water tanks, to create a virtual energy store that can […]

Data analytics firm Peak joins Arsenal’s Innovation Lab

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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 […]

Sheffield NHS Trust seeks electronic baby tagging supplier

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One of the UK’s busiest maternity wards plans to implement an electronic baby-tagging system for newborn children. Sheffield Teaching Hospitals NHS Foundation Trust is looking to install the technology at the neonatal unit of the Jessop Wing Maternity Hospital, which is part of Royal Hallamshire Hospital near the city centre. The trust is seeking a […]

Britbots launches the second British Robotics Seed Fund

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Britbots, the organisation dedicated to promoting U.K.-based robotics companies, and Sapphire Capital Partners, a specialist manager of tax-efficient funds, have announced the launch of the second British Robotics Seed Fund. The new fund follows the success of the first fund, which has now been fully invested, leading the seed rounds of six high-potential robotics and AI […]

NEC acquires Northgate Public Services for £475 million

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NEC Corporation has announced the acquisition of UK-based IT services company Northgate Public Services Limited (NPS), accelerating the expansion of its international safety business. NEC is buying NPS for GBP 475 million from leading international private equity firm Cinven. This acquisition is expected to be completed by the end of January 2018. Established in 1969, Northgate […]

Beech Tree Private Equity acquires Redstor Holdings

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Beech Tree Private Equity, which has offices in Manchester and Birmingham, has acquired a fast-growing provider of cloud data management software and services – Redstor Holdings. Redstor will use the backing investment to accelerate product development and support complementary acquisitions. The private equity firm had been looking to invest in a company with exposure to the rapid growth in […]