Page 40 - Mostread Technology News Today

Quantum Blockchain announced the raising of £1m through a placing of new shares on Friday, to fund its research and development, among other activities.

Life science company Avacta Group announced the acquisition of Coris Bioconcept for initial cash consideration of £7.4m on Thursday.

Digital media company XLMedia announced a three-year extension of its partnership with Schneps Media on Wednesday, solidifying its commitment to expanding in North America and driving growth in sports betting and gaming revenues.

Advertising technology specialist Tremor International reported a first quarter contribution excluding traffic acquisition costs (contribution ex-TAC) of $66.9m on Tuesday, down 6% year-on-year.

Leisure and entertainment sector-focussed Accesso Technology announced the establishment of a new banking facility with HSBC on Tuesday.

Quantum Blockchain announced the appointment of Vladimir Kusznirczuk as its marketing and business development manager on Friday, focusing on expanding opportunities with major Bitcoin miners and mining rig manufacturers in the US and Canada.

Gamma Communications announced the appointment of Martin Hellawell as chair and non-executive director of the board on Thursday, effective from 1 July.

Marketing automation technology company dotDigital announced a range of upgrades to its Customer Experience and Data Platform (CXDP) on Thursday, including the integration of advanced artificial intelligence (AI) and machine learning capabilities.

Avon Protection reported improved first-half profitability in its first half on Tuesday, although its revenue came in below expectations for the period as the firm warned of lower full-year revenue.

Industrial products company RS Group reported a 17% rise in revenue in its final results on Tuesday, to reach £2.98bn, though it warned of a slowdown in trading in the first weeks of the new fiscal period.