Forrit expands with Scottish National Investment Bank backing
Tech developer Forrit has announced it is expanding its operations following a £5 million investment from the Scottish National Investment Bank.
Tech developer Forrit has announced it is expanding its operations following a £5 million investment from the Scottish National Investment Bank.
Despite the coronavirus pandemic grinding many investments to a halt, Proximity Data Centres, a regional edge colocation provider, has just picked up a £25 million investment.
Xiaomi is commonly known as the Apple of China, and the company is set to invest more than £5.3 billion over the next five years in order to cement its place in the technology sector, with the company planning investments in AI,
The vast majority (92%) of debt and equity investors surveyed expect the overall value of investment into Europe’s data centre infrastructure to increase over the next 24 months, according to research commissioned by DLA Piper.
UK businesses are most concerned about the susceptibility of 5G to cyber-attacks according to Ernst & Young’s latest Technology, Media and Telecommunications (TMT) research.
Google hired more than 10,000 people in the US last year and made over $9 billion in investments, according to CEO Sundar Pichai.
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