Mercia Technologies gains from GBP18 million sale of Allinea to ARM

Warwickshire based tech VC Mercia Technologies has confirmed the initial proceeds of GBP2.6 million from the sale of its investee company Allinea Software Ltd to semiconductor company ARM Ltd, part of recently acquired ARM Holdings PLC. Allinea is being sold to ARM for a cash consideration of up to GBP18.1 million. Mercia, which held a […]

Global 3D printing firm Xaar moves to Nottingham

An industrial inkjet technology company has announced it will move into Nottingham – where it will open a 3D printing centre. Xaar, which is headquartered in Cambridge, will offer 3D printing services and equipment to manufacturers, material suppliers and end users. Professor Neil Hopkinson, who invented high-speed sintering (HSS) technology – which is up to […]

How to keep downtime to a minimum with the right cloud computing support

How to keep downtime to a minimum with the right cloud computing support The cloud has transformed the way we do business today, improving infrastructure scalability and cost models for everything from software to data storage to disaster recovery. As with any IT solution, however, cloud computing isn’t without its risks. In 2012, the International […]

Streets Corporate Finance plays lead role in equity raise for software business

An investment deal led by East Midlands based Streets Corporate Finance has secured an investment from the Foresight Group, who manage the Foresight Nottingham Fund, into Ekkosense, a Nottingham based software and sensor business. Streets Corporate Finance Partner, Neil Gray, advised the Shareholders and Management of Ekkosense, which resulted in the investment into the business. […]

VoiceSage releases 2017 product roadmap

Customer engagement services firm VoiceSage says Chatbots, Business Rules, AI and IoT are central to its product plans for 2017 – and beyond. Chatbots use an automated front end that appears human, allowing brands to nimbly supplement contact centre resource, saving costs by rationalising resources so that agents can move on to more complex higher value […]

ByteSnap’s 6 Electronics Industry Predictions for 2017

As we head towards the end of 2016, the award-winning consultants here at ByteSnap Design cast their eyes to the future – and share their thoughts on what may emerge as dominant trends next year. Check out their top six electronics industry predictions for 2017…   Top six electronics industry predictions for 2017 from ByteSnap […]

PKF Cooper Parry Brexit brigade hosts seminar

The recently formed Brexit Brigade at IT services provider PKF Cooper Parry has just played host to a series of seminars at its East and West Midlands offices – and the feedback from both sides of the region reveals differing hopes and concerns for a post-Brexit business world. The Brexit Brigade, which is made up […]

Onecom to hit £100m turnover a year early as growth accelerates

Purchase of Evolve Telecom and rapid development of its solutions division driving it to target Onecom will grow annual turnover by a third next year to reach the milestone of £100 million – 12 months ahead of originally planned. This is according to CEO Darren Ridge, who said this will be driven through a mixture […]

Top 10 disasters of 2016 reaffirm need for cloud business continuity strategy

Top 10 disasters of 2016 reaffirm need for cloud business continuity strategy With 2016 drawing to a close – and some may argue with good cause – it is time to assess the landscape throughout the year. According to figures published by managed service providers IT Specialists (ITS), the 10 largest business continuity disasters of […]

Tech VC Mercia boosts Midlands team with senior appointment

AIM listed technology VC Mercia, which is headquartered in Henley-in-Arden, has revealed it is increasing its investment activity in the Midlands following the appointment of an investment director. The group, which specialises in the creation, funding and scaling of innovative businesses, has invested more than £30m across its portfolio, since its initial public offering in December 2014. Mercia […]

Nottingham’s Exco InTouch aquired by US giant ERT

Nottingham-based digital health solutions provider Exco InTouch has been acquired by US public company ERT. Although the terms of the acquisition remain undisclosed, Exco InTouch has already raised $9.69m from Scottish Equity Partners (SEP) and Albion Ventures across two rounds. Founded in 1977, ERT is a prominent provider of patient safety and efficacy endpoint data collection solutions. ERT provides data […]

Law firm contracts help boost IT firm’s turnover to £8m

Law firm contracts help boost IT firm’s turnover to £8m Quiss Technology managing director Andy Michael 9th December 2016 Rachel Covill Business Correspondent A HOST of contracts with law firms during the year have contributed to a 12% turnover rise for IT service provider Quiss Technology. The Tamworth-headquartered business reported another strong performance with turnover […]

Midwich shipping Atlona’s 4K collaboration system

Leading trade-only distributor of technology solutions, Midwich, which has warehouse space in Sutton Coldfield, is now shipping Atlona’s innovative soft codec conferencing system – AT-UHD-HDVS-300-KIT. The new two-piece system strengthens Midwich’s conferencing range, and also Atlona’s standing in the collaboration solutions market. The system is the industry’s first to enable a single category cable connection between a […]

ByteSnap explains why IoT Security Will Cost You More

IoT security is an increasingly urgent issue, but is still in the early stages of resolution. We take a look at the “Cost to Care” ratio, and why it is set to dictate our responses to this trend for some time to come… The Internet of Things has been a discussion point for years, but […]

ITS becomes one of UK’s first Nutanix MSPs – delivering services nationwide

ITS becomes one of UK’s first Nutanix MSPs – delivering services nationwide ITS combines Nutanix and BlackVault Managed Recovery Platform solutions to offer small-to- midsized businesses with enterprise-grade hyperconverged IT infrastructure from one solution provider. UK managed services provider IT Specialists (ITS) has announced a major new partnership with Nutanix, the next-generation enterprise cloud platform […]