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You are here: Hi-Tech

Hi-Tech

Wireless, ICT, software and games industry news in Cambridge & the East of England.

1Spatial raises £18m for acquisitions and Gulf growth

Marcus-Hanke1Spatial, the Cambridge UK spatial big data technology business, has conditionally raised £18 million to fund acquisitions and expansion into the Middle East.

McLaren innovators go from pole to podium

McLaren Applied Technologies MD, Geoff McGrathIn many respects the ride enjoyed by McLaren Applied Technologies could be said to have gone from pole to podium with blurring speed.

AVEVA stand-off costs Cambridge hundreds of jobs

AVEVA HyderabadThe short-sightedness of Cambridge planners has cost the UK technology cluster over 400 jobs with fast-growing engineering software plc AVEVA Group. But the company’s HQ will stay in Cambridge for the time being.

LG Electronics uses strong ARM tactics

Pete Hutton, ARM’s executive VP & general manager, Media Processing DivisionSouth Korean giant LG Electronics is leveraging technology from Cambridge UK superchip designer ARM to effect major innovations in a range of devices.

AVEVA growth will get nuclear charge

AVEVA CEO Richard LongdonAVEVA CEO Richard Longdon has forecast a fresh surge of global growth for the Cambridge UK engineering technology business after a thumping set of full year results and signs of a potential bonanza in oil & gas and the nuclear power new-build sector in China and India.

ARM CEO to guide digital innovation catapult

Warren East, who retires as CEO of Cambridge technology great ARM on July 1, is to help steer the fortunes of the UK’s digital innovators.

 

Quixant’s AIM gamble yields £30m market cap

Nick Jarmany, co-founder and MD of QuixantCambridge gaming technology business Quixant made its bow on AIM in the UK with a market cap of £30 million after raising around £4.55m in an oversubscribed funding round.

Cambridge University spin-out sold for $22m

CrontoSignCronto, a fraud busting technology spin-out from Cambridge University in the UK, has been sold to NASDAQ-quoted VASCO for just under $22 million (£14.36m).

Second spin-out from HiWave

James LewisThe former chief executive and CTO of Cambridge UK audio technology business HiWave Technologies have formed a second spin-out from the old mother ship.

ARM and LogMeIn jumpstart IoT revolution

LogMeIn CEO, Michael SimonA transatlantic technology collaboration between ARM in Cambridge UK and NASDAQ-quoted LogMeIn promises to accelerate the commercialisation of products in the mega-connected world created by the Internet of Things.

Cambridge-Singapore alliance launched with real deals

Knowledge Transmission CEO, Sam LooseThe launch of a pioneering alliance between the powerhouse technology clusters of Cambridge UK and Singapore in Asia brought an instant payback.

Cambridge team creates virtual studio for Expressen

Expressen, the Swedish tabloid newspaper, is the latest major news provider to launch a video channel using a virtual studioA video production company in Cambridge has plugged into a global boom by switching news providers onto their own video channels using virtual studios.

Autonomy hiring fast in bid for greatness

Autonomyboss Robert YoungjohnsAutonomy boss Robert Youngjohns believes he’s winning the battle to stop the rot at the Cambridge and London UK technology business and turn it “from a good to a great software company.”

Featurespace a good bet for world leader

Martina-KingFeaturespace, the Cambridge UK predictive technology business, has won a landmark deal with IG, the world’s leading provider of financial spread betting and CFD trading – speculating on rising or falling prices on global markets.

Cambridge can tap £440m innovation boom

Universities and Science Minister, David WillettsInnovative companies in the Cambridge technology cluster have been alerted to a £440 million bonanza unveiled by the UK government today.

CSR takes the rap with 50 Cent audio deal

SMS Audio will integrate the aptX audio codec in a new range of high-end wireless speakers and headsetsAmerican rap star 50 Cent’s company SMS Audio has committed to sound technology from Cambridge UK wireless business, CSR.

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