Displaying items by tag: UK

Friday, 31 January 2020 11:59

Tech industry M&A deals show decline in 2019

Total technology industry merger & acquisition deals in December 2019 worth US$17.03 billion were announced globally, marking a decrease in value of 44.7% over the number of deals in the previous month - and a drop of 35.8% when compared with the last 12-month average of US$26.51billion.

Published in Market

MGM Wireless, the maker of the Spacetalk all in one children’s smartphone, watch and GPS device, has announced unaudited revenue of $7.6 million for the first half of the 2020 financial year - up 86% from $4.1 million for the same period in FY 2019.

Published in Market
Wednesday, 29 January 2020 09:23

UK gives Huawei limited role in 5G network rollouts

The UK has announced that it will give Chinese telecommunications equipment vendor Huawei Technologies a limited role in the country's 5G networks, with Foreign Secretary Dominic Raab telling the House of Commons that additional security measures would be put in place to ensure that risk was properly mitigated.

Published in Government Tech Policy

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