Technology

Canadian tech giant’s surprise £79m takeover bid for SCISYS approved by directors

June 14, 2019
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Canadian tech giant’s surprise £79m takeover bid for SCISYS approved by directors

Chippenham-headquartered specialist IT group SCISYS looks set to be taken over by Canadian tech giant CGI in an approved offer that values it at nearly £79m. The surprise cash offer, which has been unanimously accepted by the group’s directors, was revealed to shareholders this morning in announcement on the London Stock Exchange.  At 254.15p,...

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Brexit defence strategy continues to pay off for SCISYS as it hails strong order book

June 7, 2019
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Brexit defence strategy continues to pay off for SCISYS as it hails strong order book

Specialist IT group SCISYS has said its action to avoid the impact of Brexit on its European space business was continuing to pay off with a strong order book. The Chippenham-headquartered group moved its parent company from the UK to Ireland last year to protect its EU-funded work.  At its AGM yesterday, the group...

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SCISYS lands more EU-funded space contracts as its Brexit strategy continues to pay off

April 30, 2019
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SCISYS lands more EU-funded space contracts as its Brexit strategy continues to pay off

More work linked to an EU-funded satellite programme has been secured by specialist IT group SCISYS as it continues to benefit from its long-running expertise in the space industry. The Chippenham-headquartered firm, which has its roots in the European Space Agency, won two orders with a combined €9.7m (£8.4m) value from Thales Alenia Space...

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Deadline looming for Swindon directors to enter region’s top boardroom awards

March 27, 2019
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Deadline looming for Swindon directors to enter region’s top boardroom awards

Swindon’s best business leaders have just a few days left to enter the South West’s most prestigious awards for boardroom excellence and enterprise. The deadline for entries to the prestigious Institute of Directors’ (IoD) South West Director of the Year Awards is midnight this Sunday.  With two new categories added this year – Young...

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Back and bigger than before – Business Showcase South West returns in June

March 21, 2019
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Back and bigger than before – Business Showcase South West returns in June

Business Showcase South West – the region’s largest event of its kind – returns in June with the promise of an unparalleled range of seminars, workshops, speeches and networking opportunities. The event, the ninth since it launched in 2014, again takes place in Bristol’s Ashton Gate Stadium and will celebrate the best of innovation,...

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Business Expo gets set to help firms grow and prosper with inspirational talks and networking

March 18, 2019
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Business Expo gets set to help firms grow and prosper with inspirational talks and networking

Expanding Swindon firms are being urged to attend a major business show in Bath this Thursday, which are expected to reach more than 500 delegates from across the South West. The the Bath Business Expo, in the city’s Assembly Rooms, aims to inspire small and medium-sized businesses and locally-based corporates, start-ups and pre start-ups...

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Good Energy drives into electric vehicle market with Zap-Map app acquisition

March 11, 2019
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Good Energy drives into electric vehicle market with Zap-Map app acquisition

Renewable power group Good Energy has increased its presence in the high-growth electric vehicle market by taking a minority stake in Next Green Car Ltd, the parent company of the Zap-Map app. Zap-Map has 70,000 monthly uses who use it to plan routes, locate charge points and check their availability.  Chippenham-headquartered Good Energy, which...

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CBI urges government to supercharge region’s broadband to avoid economy buffering

February 7, 2019
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CBI urges government to supercharge region’s broadband to avoid economy buffering

Firms across the West of England will be left on the wrong side of the ‘digital divide’ unless the government takes action to improve connectivity and pave the way for powerful 5G networks. The warning came today from the CBI, which fears that, with Brexit dominating the political landscape, the need for an all-important...

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Buoyant SCISYS says it has ‘mitigated Brexit risks’ with parent company move to Ireland

January 25, 2019
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Buoyant SCISYS says it has ‘mitigated Brexit risks’ with parent company move to Ireland

A flurry of new business won by its space division in December gave specialist IT and software group SCISYS a better-than-expected end to 2018, it said in a trading update today.   The Chippenham-headquartered group landed a series of contract wins with an aggregate value of £23m during the month. That bolstered its order...

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SCISYS lauds pre-Brexit office shift again after it lands another EU-funded space contract

January 17, 2019
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SCISYS lauds pre-Brexit office shift again after it lands another EU-funded space contract

Specialist IT group SCISYS has again stressed that moving its parent company from the UK to Ireland to allow it to bid for EU-funded work has paid off by winning a fifth contract in less than a month. The Chippenham-headquartered group SCISYS has been awarded a €1.32m (£1.16m) contract with AIRBUS Defence and Space...

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