1Spatial, the big data firm providing geospatial intelligence, is to raise £18 million, €5.1m (£4.4m) of which will go on the partial acquisition of Geographic Information Systems (GIS) firm, Star-Apic.

Serial entrepreneur and venture capitalist, Hermann Hauser, told Parliament that science is “the only game in town” for Western countries and that the science budget should not just be ring-fenced, but increased in June's government spending review.

Cognidox has launched what it describes as the world's first “extranet-as-a-service” product, XtraNet, a simple web portal for technology companies to safely share secure documents with their customers.

Quixant, a provider of computer systems for slot machines, raised £4.55 million as it made its initial public offering on the London Stock Exchange this morning. Listing at 46 pence a share, the company was valued at approximately £30 million.

Shares in drug discovery firm, Phytopharm, ceased trading today as the biotech announced it is to seek shareholder approval for a reverse takeover with an unnamed UK healthcare company.

Cambridge Biomedical Campus would not be drawn on reports that AstraZeneca's new headquarters and R&D operation may be housed on its 70 acre site behind Addenbrooke's Hospital.

Consumer market potential and deep data and machine learning expertise attracts Vasco

The US internet security firm, Vasco Data Security International, says it aims to roll Cronto's products out to the mass consumer market following a deal to acquire the Cambridge University spinout for up to €17 million (£14.4m).

The Babraham Institute, a government backed life sciences research institution, has created a new company to focus on commercialisation of the Institute's science through spin-outs, licensing and industry collaborations, services previously provided by Babraham Bioscience Technologies (BBT).

A company that has developed a technology it says can lengthen the lifespan of LEDs by up to four times at no extra cost is to invest over £500k into a prototype manufacturing plant in Cambridge.

Having already jammed its foot in the door of M2M communication through the 'white space' championing Weightless movement, ARM has now taken a major step into the consumer-centric Internet of Things (IoT) by partnering with LogMeIn to provide a basic product building kit for IoT innovators and entrepreneurs.

Amantys announced a major commercial breakthrough today, a collaborative deal with Hitachi to push IGBT Module Gate Drivers housing Amantys power drives throughout the European wind turbine and locomotive traction industries.

A Cambridge startup that claims to have created the first universal debugging technology for embedded systems, capable of operating multiple processor cores, has broken its difficult-first-contract duck, landing a breakthrough deal with network semiconductor firm, PMC-Sierra.

NXP Semiconductors, the former Royal Philips' subsidiary, has acquired Code Red Technologies, bringing the embedded software development tools created by a team of ex-ARM employees in-house and possibly out of the reach of non-NXP customers.

Cambridge Wireless today launched its annual startup talent finding competition and revealed it now had the official backing of London's own technology cluster champion, the Tech City Investment Organisation (TCIO).

The audio division of HiWave Technologies plc has remerged with a new and unnamed owner just over two months after it went into administration and delisted from the London Stock Exchange.

My Business FD, a company carving out a niche as a supplier of part-time FDs to tech startups, is expanding with the launch of its own finance recruitment service as it targets larger companies and greater growth.

CSR became Cambridge's third largest technology company measured by market cap this morning as its results for the first quarter of 2013 beat market expectations and sparked a massive surge in its share price, taking it past a £900m valuation.

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£1 billion. That's the amount of money raised by all the companies in Cambridge University's equity portfolio since it started making seed investments 18 years ago. It's a big number, a worthy milestone and the headline figure in the most recent annual report from the university's commercialisation arm, Cambridge Enterprise.

Pursuit Dynamics has offloaded the first of its business lines, accepting a rock-bottom £160,000 for its Food, Beverage and Brewing Business (FBB) from Peterborough food and beverage processor, Olympus Automation.

From time to time Professor Andy Hopper likes to roll out a six foot tall wooden scroll on wheels. Upon it are proudly emblazoned the names of dozens of companies that have emerged from Cambridge University’s Computer Laboratory, the ‘Hall of Fame’.

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