Welsh cyber security firm acquired for £1.7 million

Cardiff-based tech firm Geolang, which develops data loss protection software, has been acquired by the Shearwater Group in a deal worth around £1.7 million. Since launching in 2006, the company has developed a B2B security platform called Ascema and has formed partnerships with the likes of Microsoft, Google and HP. The company is currently run by chief executive officer...

An influx of IT firms setting up operations in Neath Port Talbot

There’s been an influx of technology companies setting up operations in Neath Port Talbot as a result of good transport links, links to good academic institutions and its lifestyle benefits. According to Neath Port Talbot Council, more IT-savvy businesses are relocating to the area because it is near to the M4, mainline rail links, top...

Cardiff tech firm appointed by sports centre to develop booking system

Cardiff-based software firm ThinkBooker has teamed up with the Football Association of Wales Trust to develop an online booking system for one of its sports centres. The firm has been appointed by the organisation to implement a new system to streamline the way customers book slots for the pitches and conference rooms at the Wales...

Artificial intelligence start-up undertakes successful investment campaign

Artificial intelligence technology start-up We Build Bots has developed a chatbot that can answer questions from investors as part of an ongoing crowdfunding campaign. The company, which is based in Cardiff and Bristol, has already secured financial support from the Development Bank of Wales and is looking to raise a further £500,000 through Seedrs. We...

Wales secures €90 million of EU innovation funding

Wales has secured more than €90m in funding from the European Union’s competitive research and innovation programme, Horizon 2020. Finance Secretary Mark Drakeford confirmed the news last week. He explained that the funding will allow companies and innovators from across the country to launch new STEM projects. So far, Welsh businesses have benefited from €16m of...

North Wales tech firm to double its business a year after launching

High Stream Solutions, a technology services provider based in North Wales, is on the verge of doubling its business just a year after launching. Set up in 2017, the company provides technology solutions to more than 29 small and medium-sized businesses across North Wales. But it’s looking to double this number in 2018. The outsourced IT provider recently...

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