Par Equity celebrates another successful year ifamagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifamagazine.com Daily Mail and Mail on Sunday newspapers.
Par Equity, the Edinburgh-based investment manager that specialises in early-stage technology businesses with high growth potential, increased its new investment activity to a record £12.4m in 2020. Despite the challenges of a year dominated by Covid-19, the company also continued its run of successful exits, which means it has now returned cash to investors every year since 2013. The year closed with Par having completed 35 investment transactions in 12 months, up from a previous high in 2019. Additions to the portfolio included the likes of SICCAR, an IT technology company that enables organisations to securely exchange information, for instance in a healthcare setting, and Integrated Graphene, an advanced materials business which has developed and patented a way to mass manufacture 3D graphene at low cost.
BBC News
By Cristina Criddle
image copyrightGetty Images
image captionJames Barksdale was the CEO of Netscape from 1995 until the company merged with AOL in March 1999
References to decades-old computer software are included in the new Brexit agreement, including a description of Netscape Communicator and Mozilla Mail as being modern services.
Experts believe officials must have copied and pasted chunks of text from old legislation into the document.
It also recommends using systems that are now vulnerable to cyber-attacks.
The text cites modern e-mail software packages including Outlook, Mozilla Mail as well as Netscape Communicator 4.x.
The latter two are now defunct - the last major release of Netscape Communicator was in 1997.
Netscape Makes Baffling Appearance in Brexit Trade Deal
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Netscape logo RIP (Image: Netcape/Wikipedia)
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It’s been four years since the laborious process of pulling the UK out of the European Union began, and one would expect the language in the final deal to be thoroughly considered. But if a section of the 1,246-page agreement regarding encryption standards for transferring DNA is any indication, this package might be a bit half-baked.