Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

Top tech stats: Virgin’s business predictions, developers have their say and more

FinTech

London FinTech Aire raises $5m Series A from Sunstone Capital and White Star Capital

Sponsored

Tech Chats: EY’s Daniel Lyons on how tech is revolutionising transport

Press Releases

GreenKey Technologies and Red Box Recorders partner to launch integrated trading voice collaboration and compliance recording solution
Leading light in British HealthTech, Network Locum, rebrands to Lantum
SteelEye announces regulatory tech specialist Matt Smith as CEO

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

startup tech laptop

Top tech stats: Virgin’s business predictions, developers have their say and more
posted on July 22, 2017

Aire Team picture June 2017_9

London FinTech Aire raises $5m Series A from Sunstone Capital and White Star Capital
posted on July 21, 2017

Tech Chats June - digital mobility

Tech Chats: EY’s Daniel Lyons on how tech is revolutionising transport
posted on July 21, 2017

mobile phone

London machine learning startup Sportr closes $350k Seed round
posted on July 21, 2017

The Week in Tech

A $170m tech fund, a drowning robot and more in The Week in Tech
posted on July 21, 2017

Graphcore founders Nigel Toon CEO (right) & Simon Knowles CTO (left)

Bristol-based Graphcore raises $30m from backers including DeepMind co-founder and Atomico
posted on July 20, 2017