Scottish charity in IoT and tech drive

15 April 2019

Kraig Brown, partnerships and development manager for Digital Xtra Fund and Kate Forbes, minister for public finance and digital economy, with pupils from Anderston Primary School in Glasgow

Kraig Brown, partnerships and development manager for Digital Xtra Fund and Kate Forbes, minister for public finance and digital economy, with pupils from Anderston Primary School in Glasgow

A business-backed fund to find the next generation of technology and digital experts in Scotland has been doubled from £50,000 to £100,000.

Digital Xtra Fund is a Scottish charity which supports IT initiatives that encourage young Scots to consider careers in digital technologies and close the digital skills gap.

This year’s funds will support 22 computing projects across the country, ranging from IoT to app development. The fund has distributed £550,000 in support of 55 initiatives, engaging more than 20,000 young people across the country.

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Rapid7 acquires NetFort

15 April 2019

NetFort currently employs 16 people at its headquarters in Galway Technology Park

NetFort currently employs 16 people at its headquarters in Galway Technology Park

NetFort, the Galway-based developer of network traffic and security monitoring software, has been acquired by the Nasdaq-listed security analytics and automation specialist Rapid7.

Although the financial details were undisclosed, it is understood the deal was worth north of €10 million.

NetFort is also the second Irish business to be acquired by the Boston-based company, which previously acquired UCD-spinout Logentries for $68 million (€60.7 million) in late 2015.

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UK cities start pilot project

12 April 2019

UK cities Manchester and Edinburgh have begun to take part in smart city pilot projects with other cities on the continent, under the Europe-wide Synchronicity programme.

Manchester City Council is working on three projects aimed at channelling IoT technology. They include the Lighthouse Cities project, in which the city will aim to improve energy efficiency on its university and civic estates.

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