Fast-growing e-commerce firm OnBuy has made another senior hire, with the appointment of Cherie Cook as marketing director. The Dorset company – the UK’s fourth-largest online marketplace – said Ms Cook would head up its marketing team, as it seeks to develop its brand and become “the next household name”. Ms Cook has joined the Bournemouth-based company having previously worked with Thomas Cook...
A global syndicate has invested £30 million in a Sheffield firm at the forefront of driving data centres to net zero. Iceotope Technologies, a precision immersion cooling specialist, has secured the backing. Led by Singapore private equity firm, ABC Impact, funds are also coming from NVent, a leading global provider of electrical connection and protection solutions, and the SDCL Energy Efficiency...
The UK Government had delayed a decision on whether to block the takeover of the UK’s biggest microchip maker by a Chinese-owned company on national security grounds. Business Secretary Kwasi Kwarteng, having announced a review of the acquisition of Newport Wafer Fab (NWF) last month under the National Security and Investment Act, has extended the process by further 45 working after the initial...
Yorkshire tech company Zoo Digital has increased operating profits in what it calls an “outstanding” year. The Sheffield-based firm, which specialises in supporting streaming companies, saw operating profit of £2.5m ($3.1m), up from £835,039 ($1m), in the year to the end of March 2022. Zoo told investors it had made a huge 78% stride in revenue growth from £32.9m ($39.5m) to £58.7m ($70.4m)...
A creator of synthetic diamonds has raised £882,000 to bring its new technology to market following a successful proof of concept. Dyman Advanced Materials, based at County Durham’s NETPark, says it will commercialise its polycrystalline diamond technology following third and fourth investment rounds. The firm will also introduce a premium diamond product, created through technology using...
One of Wales’ leading technology firms is set create nearly 100 new jobs if plans to build a brand-new factory in Newport are given the green light. SPTS Technologies has applied to Newport City Council to build a factory on a brownfield site in Imperial Park in Coedkernew, near Duffryn. The proposals, which were originally submitted to the council in October 2021, would see the technology...
Lisburn building technology company OKTO Technologies is creating 80 jobs after winning a raft of new contracts. The company, which installs high end building management software to control lighting, heating, security, audio visual and IT systems, has a number of roles ranging from software developers to project managers to solution architects. It said the expansion is part of a plan to grow the...
Convenience store chain Spar has appointed a Bristol-based IT agency to Redesign Its Websites. Mentor Digital was chosen to develop the new Spar UK & NI corporate websites following a competitive tender process. As part of the contract, the business – located on Somerset Street in the Kingsdown area of Bristol – will provide creative, technical, and digital marketing support as part of the...
Hull-based digital infrastructure specialist Connexin has bought out fellow city firm Wisper Broadband. The undisclosed deal comes as the heavily invested business continues to grow its fibre offering in the region. It will see Connexin welcome thousands of new customers to its network, with the acquisition bolstering its challenger status in the city. Wisper was launched in 2013 by IT engineer...
A Swindon-based automotive business management services firm has opened new offices in the Wiltshire town. APD said the new space would create a “high-tech environment” for staff and customers, while also providing a base for its new education and training academy. Established in 2006, APD provides software solutions to the automotive industry, aiming to close the gap between original equipment...