The uphill battle to create a British tech titan
The uphill battle to create a British tech titan The Government is desperate for a British Big Tech contender, but experts have warned them not to scare off foreign investment Snap, the parent organisation of Snapchat, recently acquired augmented reality (AR) start-up WaveOptics for $500m Credit: Snap When Snapchat's parent Snap announced that it would acquire Oxford augmented reality (AR) start-up WaveOptics for $500m (£352m), investors rejoiced. “It’s an amazing story, especially for UK deep tech,” says investor Simon King from Octopus Ventures, a backer of the company who sits on i...
Source: telegraph.co.uk