Staff Reporter

Staff Reporter

US investment firm buys Blancco Technology Group for £175 million

Global investment firm Francisco Partners has bought secure data erasure and mobile lifecycle solutions company Blancco Technology  for £175 million. Blancco, was founded 26 years ago and has 2,500 customers across 70 countries. The acqusiiton of its shares means it is no longer listed on the London stock market. Blancco products allow organisations to protect

Virgin Media O2 boosts Skegness 4G coverage with streetlight-mounted small cells

Virgin Media O2 has bolstered 4G coverage in Skegness by installing small cells on streetlights, in collaboration with its technology partner Ontix. Skegness draws approximately two million holiday visitors annually. Virgin Media O2 collaborated with Ontix and Lincolnshire County Council to pilot small cells, aiming for a cost-effective and adaptable approach to enhancing capacity—a tactic

Rydal Group takes minority stake in Guru Technology

Peterborough communications provider Rydal Group has acquired a 10 per cent stake in Northampton telecoms provider Guru Technology. Both businesses will continue to operate under their respective brands.  The deal signifies new territory for Guru, presenting opportunities for its customers to access a wider portfolio of products and providing stability for future growth, as stated

BT and musicMagpie takeover talks hit the rocks.

Takeover talks between music Magpie and BT and Aurelius Investment have ended. A statement from music Magpie confirmed that acquisitive talks by BT and Aurelius investment had halted. “The Board of musicMagpie notes the announcement on 24 November 2023 from Aurelius Investment Advisory Ltd on behalf of investment entities managed or advised by it or