DIGIT Deal Roundup June 2019

Deal Roundup June 2019

DIGIT’s Deal Roundup column for June 2019 features new partnerships and funding from companies such as Opportunity North East, pureLiFi, and ECS Security. 

Partnerships

Opportunity North East

ONE Tech HubA new £1.5 million tech business accelerator has been officially opened in the city centre of Aberdeen, with the purpose of supporting digital tech business growth in the North East of Scotland.

The private-sector economic development body, Opportunity North East (ONE), has led the development of ONE Tech Hub alongside Robert Gordon University (RGU) and ONE CodeBase as key partners.

The Hub will offer tenants of ONE CodeBase “unrivalled” access to co-working spaces, offices, meeting rooms, social areas and up to 30 hotdesks.

Stephen Coleman OBE, CEO and co-founder of CodeBase, commented: 2ONE CodeBase sits at the heart of the digital community created by the Hub.

“Together, we will provide a range of expert support for businesses in the region, from startups looking to scale, to incumbents looking to transform.”

ONE Tech Hub will also house RGU’s Entrepreneurship and Innovation activity, including the RGU Startup Accelerator, which supports teams of students, staff and recent alumni.

Professor Gordon McConnell, VP for Commercial and Regional Innovation at RGU, said: “The opening on the ONE Tech Hub is a significant milestone in the university’s vision to stimulate entrepreneurial activity across the region and create a unique and inclusive environment where new generations of entrepreneurs, inventors and innovators can thrive.”

Want to find out more? Read the original article here.


pureLiFi

pureLiFi team Edinburgh-based company pureLiFi is partnering with communications and lighting leaders to form a global association called the Light Communications Alliance (LCA).

The members of the group will work on developing and refining the key use cases and deployment applications of next-generation light communication technologies; which includes Light Fidelity (LiFI) and Optical Camera Communications (OCC).

LCA members, which includes Nokia, Emirates Integrated and Liberty Global, will also advocate the use of standards for this emerging industry.

Alistair Banham, pureLiFi CEO, commented: “The founding members of the LCA represent the highest standard in lighting and communications.

“pureLiFi is honoured to be a founding member alongside these industry leaders and believes the Alliance will have the influence to drive education and greatly accelerate the global adoption of LiFi.

“We look forward to supporting the growth of this organisation over the coming years”

Want to find out more? Read the original article here.

The UK Space Agency

Deal Roundup June 2019The agency has partnered up with telecoms giant O2 to develop next-generation driverless car technology through its Darwin programme, which aims to test seamless highspeed data connections using 5G satellites.

Connected and autonomous vehicles (CAVs) are expected to revolutionise travel through high levels of automation facilitated by ultra-fast communication between driverless vehicles and road infrastructure around them.

This type of communication requires high-speed data connections to operate their complex systems effectively. Research by O2 estimates CAVs will generate unprecedented levels of data – 4TB per hour.

Catherine Mealing-Jones, director of growth, UK Space Agency, said: “Building the technology to link autonomous vehicles to telecoms satellites means that you will be able to take your car wherever you want to go, not just where there’s decent mobile signal.

“The future of mobility is one of the UK Government’s Industrial Strategy Grand Challenges, so I’m delighted to support Project Darwin to ensure that this critical technology is developed in Harwell, bringing expertise, jobs and growth to Britain”.

Derek McManus, COO at O2 said: “Project Darwin is an important piece of the connected and autonomous vehicle puzzle. The research taking place at Harwell during the next four years will be vital in the creation of new transport ecosystems for the UK public and the companies that will offer these services.

“Our approach to this project is part of our wider strategy to collaborate with British businesses, partners and start-ups to unlock the possibilities of 5G for customers and wider UK economy.”

Want to find out more? Read the original article here.


Funding

ECS Security

Deal Roundup June 2019Following a private management buyout ECS Security, now known as Adarma, has launched an independent security service firm serving FTSE 250 organisations.

The move was funded by capital from private equity firm Livingbridge and debt from the Bank of Scotland.

The firm has more than 250 staff and experience spanning two decades with an extensive client list. Adarma’s 20 largest clients have a combined annual turnover in excess of £150 billion and its partners include Splunk, ServiceNow and Tenable.

MD and co-founder of Adarma, David Calder said: “Our decision to create Adarma is part of our desire to focus exclusively on the security space with the aim of becoming the UK market leader for FTSE 250 organisations across a broad range of industries. We are thrilled to receive backing from Livingbridge as we start this new chapter in our journey.

“Our tailored solutions and in-depth engagements with our customers ensure a deeper understanding of their business and requirements, enabling us to deliver improved results for each client.”

Want to find out more? Read the original article here.



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