Sir Terry Matthews sells Mitel for $2 billion

Welsh technology entrepreneur Sir Terry Matthews has sold business communications firm Mitel to an investor group led by Searchlight Capital for $2 billion. Last week, Mitel announced it had signed an agreement with the venture capital firm, which will see its shareholders receive $11.15 per common share in cash. Once the transaction is completed, Mitel...

Swansea University researchers lead CERN study

A team of scientists from Swansea University recently carried what, it claims, is the most precise and accurate measurement ever done on antimatter. Leading the Alpha Collaboration at the European Organisation of Nuclear Research (CERN), the researchers said the discovery reveals the spectral structure of the antihydrogen atom in “unprecedented detail”. They recently detailed the collaborative...

Tech start-up founder donates legendary rugby kit to high school

Former Welsh rugby international and now tech entrepreneur Gemma Hallet has donated the legendary Welsh Colleges Girls Ruby Kit to Hawthorn High School. Having won 35 rugby caps for Wales and spent five years coaching the Welsh Colleges Girls rugby team, Gemma recently backed the Pontypridd-based school by giving them the kit. Gemma is the...

Chatbot platform secures nearly £600,000 of investment

Artificial intelligence technology start-up We Build Bots has amassed more than £575,000 of investment in a bid to accelerate the growth of its chatbot platform. The company, which has offices in Cardiff and Bristol, had aimed to raise £500,000 through crowdfunding platform Seedrs but surpassed this goal within 50 days. Valued at £2 million, it...

Blog: Getting technical in Wales

Thanks to more than £115m of venture capital invested in Welsh tech start-ups since 2012, Wales is currently enjoying unprecedented economic expansion in its digital sector – making it an excellent time to consider starting up a business here. There’s no doubt in my mind that Wales is an ideal location to launch a tech...

Towergate launches new online travel insurance platform in Wales

Financial services firm Towergate Group has launched a new platform that allows brokers to develop affordable and tailored travel insurance plans. Based in Cardiff, Insure2Travel provides travel brokers, travel agents and tour operators with an online portal to deliver annual and short period travel insurance quickly and easily. Through the website, companies are able to save...

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