1Spatial, the Cambridge UK spatial big data technology business, has conditionally raised £18 million to fund acquisitions and expansion into the Middle East.
Wireless, ICT, software and games industry news in Cambridge & the East of England.
In many respects the ride enjoyed by McLaren Applied Technologies could be said to have gone from pole to podium with blurring speed.
The 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.
South Korean giant LG Electronics is leveraging technology from Cambridge UK superchip designer ARM to effect major innovations in a range of devices.
AVEVA 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.
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.
Cambridge 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.
Cronto, 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).
The former chief executive and CTO of Cambridge UK audio technology business HiWave Technologies have formed a second spin-out from the old mother ship.
A 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.
The launch of a pioneering alliance between the powerhouse technology clusters of Cambridge UK and Singapore in Asia brought an instant payback.
A video production company in Cambridge has plugged into a global boom by switching news providers onto their own video channels using virtual studios.
Autonomy 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, 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.
Innovative companies in the Cambridge technology cluster have been alerted to a £440 million bonanza unveiled by the UK government today.
American rap star 50 Cent’s company SMS Audio has committed to sound technology from Cambridge UK wireless business, CSR.
- Ubisense wins Dakota energy deal
- Cambridge boost for mobile broadband networks
- Arcus and Amazon boost for public sector
- New wave for HiWave as mystery buyer steps in
- Miami slice for Brady plc
- More flak flies in HP-Autonomy dogfight
- CSR becomes a money-making machine
- Disruptive technology under Cambridge microscope
- Connected car concept gets Cambridge boost
- PDX fire sale starts with £160k disposal
- California boost as Raspberry Pi takes new commercial view
- £1.65m export duty haul for Amino
- Cambridge call to arms on Internet of Things
- Samsung plugs in to Cambridge growth
- Cambridge engineers steer rocket powered car
- Cambridge-Tech City alliance could lift UK
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