Vodafone Group commissions building of a 26k sq m logistics hub in Luxembourg

Vodafone Group is building a massive logistics hub in Luxembourg to store mobile and fixed network equipment for its European markets. The 26,000-square-meter facility will be managed by the Vodafone Procurement Company and is expected to enable more efficient movement of equipment, such as antennas and routers, across Vodafone’s European businesses. Vodafone estimates that 88

350 Virgin Media O2 staff to move to new luxury site next Spring

Around Virgin Media O2 350 employees from the current Bellshill office will relocate three miles away to new luxury offices at Maxim Park, in Lanarkshire, 20 minutes from Glasgow. Maxim Park was selected for its amenities, transport links, and community environment. The new office will serve employees across departments including network expansion, technology, and operations.

MusicMagpie will be sold to AO for £10 million

AO is to buy musicMagpie £10 million. The deal is structured as a “scheme of arrangement” and is expected to be finalised pending court approval. Around 54 per cent of MusicMagpie shareholders, including key institutions, have shown support for the acquisition. A scheme of arrangementis a legal process used in corporate transactions, including mergers, takeovers,

Tech Minister opens Digital Catapult Newcastle 5G Immersive lab

Minister of State at the Department for Science, Innovation and Technology and the Department for Culture, Media and Sport, Chris Bryant has visited the new Digital Catapult 5G Immersive Lab in Newcastle. THe innovation lab, based in Newcastle’s Eldon Square, will help SMEs adapt to 5G and immersive technologies and facility wwill encourage SMEs to

Doro to be acquired by Norwegian smartwatch maker Xplora for £61.4 million

Norwegian children’s smartwatch maker Xplora Technologies is set to buy Swedish device manufacturer Doro for £61.4 million (SEK 829 million). The bid of SEK 34 per share is 38.2 percent above Doro’s closing price on the Stockholm Stock Exchange last Thursday. Doro’s largest shareholders, Accendo Capital, Cidro Förvaltning, and Swedish investor and entrepreneur Peter Lindell,are considering the bid.