HOME Menu visibility control

Video

Events

Startup Surgery

Most Recent

Investments

AI science discovery platform Sparrho scores $3m pre-Series A

Government & Policy

The Taylor Review: What impact will it have on UK tech companies?

Investments

EXCLUSIVE: London-based MarTech startup Tailify closes $1m Seed

Press Releases

Leading light in British HealthTech, Network Locum, rebrands to Lantum
SteelEye announces regulatory tech specialist Matt Smith as CEO
LGB Corporate Finance advises VR leader Virtalis on the sale of a significant stake to Alpina Partners

Software firm Advanced acquires Welsh cloud SaaS company Hudman

cloud computing
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

British software and services company Advanced has acquired Welsh cloud-based SaaS provider Hudman Solutions.

Founded in the town of Cwmbran, Hudman is the developer of enterprise resource planning system CentralERP, which covers the likes of accounts, payroll, operations, stock, customers and supply chain.

The acquisition forms part of Advanced’s cloud-first strategy, which will see it roll out cloud-based SaaS solutions, plus extend its reach into the SME business sector.

Tech in Wales: The June 2017 roundup

Gordon Wilson, CEO at Advanced, said: “This acquisition represents the first public step in the company’s next chapter.

“Cloud technology is fast becoming the right choice for many organisations to drive efficiencies, manage costs, innovate and grow. It’s important we help them embrace the cloud to secure this competitive edge.”

This acquisition represents the first ever exit for the Wales Technology Seed Fund from Finance Wales, which made a six-figure investment into Hudman in September 2016.

As per the terms of the acquisition, the Hudman team will join their new colleagues at Advanced in their office in Birmingham.

David James, CEO at Hudman, said: “Our cloud-first approach complements Advanced’s strategy and its ambitious growth plans. We are excited to be joining such an innovative company and being part of the next phase of the journey.”

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

Sparrho team

AI science discovery platform Sparrho scores $3m pre-Series A
posted 17 hours ago

tech employee at computer

The Taylor Review: What impact will it have on UK tech companies?
posted 19 hours ago

Tailify

EXCLUSIVE: London-based MarTech startup Tailify closes $1m Seed
posted 20 hours ago

FinTech startup Curve lands $10m Series A
posted 23 hours ago

davide-cantelli-144214

Welsh startup enModus closes £3m Series A
posted 23 hours ago

poq

Retail app Poq gets £3.5m, brings total to £7m
posted on July 12, 2017


counter