Digital Balance becomes MyCleverGroup’s second acquisition

MyCleverGroup has acquired 100% of the share capital of talent management software developer, Digital Balance. MyCleverGroup’s second acquisition, as it looks to buy and build out its digital and cloud-based platforms to make it easier for organisations to embrace technology, incorporates Digital Balance’s team of 15. Digital Blue specialises in the development of software solutions that help […]

Xoserve cash boost to help Solihull’s elderly population

Older people in Solihull are being empowered to help themselves using digital technology thanks to a local charity and the generous support of a Solihull-based company, Xoserve. Xoserve, the Central Data Service Provider for Great Britain’s gas market, chose local older people’s charity Age UK Solihull as one of its 2018/2019 charities, focusing on raising […]

Additional major Investment from Mercia in Medherent

Clinical-stage developer of innovative transdermal delivery products for pain and CNS diseases, Medherant Limited, has announced a new £2 million investment. The additional funding from Mercia Technologies PLC, the national investment group focused on the identification, creation, funding and scaling of innovative technology businesses with high growth potential, is part of a circa £2.4 million […]

Sheffield to roll out better, and free, city centre Wi-Fi

Sheffield is to roll out a free-to-use city Wi-Fi network that’s going to be useful for more than just letting shoppers browse the internet. City centre Wi-Fi networks traditionally tend to consist of little more than a few rugged access points (APs) stuck to lampposts, delivering connectivity for shoppers and tourists, that’s at best described as “not […]

The Economist to create new tech unit in Birmingham

Publishing group is expanding its presence in the city centre by launching innovation unit to support is publishing activities The London-based media group that publishes national newspaper, The Economist and its website among other titles, had announced in December that it had signed a deal to take new office space at 60 Church Street and is now expanding its base […]

Midven backs HR software firm with £250,000 investment

A Birmingham-based software firm which specialises in HR products has secured £250,000 of new investment. Natural HR will use the capital to create ten jobs at its base in Newhall Street over the next three years as well as develop product lines. The firm started life in 2010 from a growing need for online employee […]

One Connectivity completes Elite connections purchase

Acquisition sees more than 700 Elite connections move to One Connectivity Derby-based unified communications company, One Connectivity, has announced £4 million in its 2018 financial year, beating its turnover target of £2.4 million thanks to profits of £240,000. Despite the company buying Midlands-based business telecoms’ dealer Elite Telecom in March, One Connectivity’s first acquisition buy in […]

Tech company raises £2.2m for Agricultural app, Breedr

A tech company has raised £2.2m in seed funding for an app to digitise the entire livestock production process. The app, named Breedr, attempts to take the guesswork out of livestock production, from understanding which sires result in the most profitable offspring, to predicting the date of peak profit for each animal to hit the […]

Birmingham listed tech firm signs E.ON supply deal

A Birmingham-based listed technology company has signed a supply agreement with energy giant E.ON. LightwaveRF will provide its latest range of Lightwave Smart series lighting and power devices. The agreement is part of a collaboration between E.ON and housebuilder Berkeley Group at its Kidbrooke Village development in Greenwich, London. Lightwave’s smart hub, light switches and […]

Samsung snaps up Birmingham tech firm Whisk

Whisk, a Birmingham company launched by a former contestant on BBC shows The Apprentice has been acquired by global tech giant Samsung. Whisk is the brainchild of Nick Holzherr and is a nutrition site that enables users to browse recipes based on factors such as personal taste and budgets then add a recipe to their […]

Intercity Collaboration to close Birmingham skills gap

IT specialist partners with Ahead Partnership to improve Birmingham’s tech sector pipeline and diversity of talent Collaborating with social enterprise, Ahead Partnership, Birmingham-headquartered IT specialist, Intercity Technology, will work to enhance the employability skills of local young people through a range of initiatives, including a volunteering programme and work experience scheme. Initially, up to six students […]

Ideagen acquires Irish software firm Scannells for £3.5M

UK based governance, risk and compliance (GRC) sector software developer, Ideagen Plc, which is headquartered in Ruddington Fields Business Park, Nottinghamshire, has announced the acquisition of Irish company Scannell Solutions Ltd for a fee of £3.5m. Scannell Solutions Ltd is known for its Software as a Service (SaaS) solutions for Environmental Health, Safety and Quality monitoring […]

Investment firm targets Nottingham as ‘important tech hub’

Private equity firm Mercia says it invested £13.3m in Midlands businesses in 2018, up from £11.3m the previous year. Mercia made investments in 22 companies in the region during the year, including Sigmavision of Bicester which has created a novel tyre scanner; Coventry-based Arc Vehicle, which has developed a new electric motorbike; Birmingham-based battery technology […]

Intercity Technology announces £2m investment in Birmingham

Cloud computing and IT security specialist Intercity Technology has pledged to invest more than £2 million into the Birmingham region over the next year. The company plans to construct a new data centre in the city which will complement its existing UK facilities in Bolton and Hertfordshire. The new data centre will provide the additional infrastructure […]

VC Mercia Technologies outlook confident as profit rises

Mercia Technologies PLC has announced profit growth in the first half of its current financial year on the increased value of its portfolio. The Henley-in-Arden based technology investor said pretax profit rose 36% to GBP 1.9 million in the six months to the end of September, up from GBP 1.4 million reported for the same period a […]