Touch technology innovators receives major investment from Finance Yorkshire
July 11, 2012 // Paul Buckley
Peratech, which is headquartered in Brompton on Swale near Richmond, Yorkshire, UK is receiving a £1.2 million investment from Finance Yorkshire's Equity Linked Fund to expand the companyís North Yorkshire operations, build new laboratory facilities and secure new contracts.
The flexibility of Finance Yorkshire's portfolio of funding options helped to complete the 1.2 million mezzanine deal - a loan investment deal with a small equity-linked exit bonus which suited the company's current requirements and future expectations.
Chief Financial and Operations Officer Doug Balderston said: "We're in a strong position in that we don't need the money now as we're capable of organic growth through the customers and contracts we currently have. "But the technology sector grows very fast so leaving it to organic growth alone puts us at a disadvantage because it risks being left behind by competitors. At the moment, we don't have any competitors, but that's not to say we won't have in the future.
"We have used equity or loan investments in the past, but the mezzanine investment deal helps take into account where we will be in the next three to five years and was therefore a better fit for our business model and strategy than perhaps a straightforward equity investment may have been."
Peratech recently won in the Innovation category at the Queen's Awards for Enterprise for its QTC Technology. The company also took the title of British Venture Capital Association (BVCA) Regional Management team of the year award 2012 for the north east.All news
Micrel's 10 criteria for choosing a MEMS foundry
April 18, 2014
Micrel Inc. (San Jose, Calif.) has prepared an article that lays out the 10 criteria to help guide someone in the choice ...
Superconducting qbits made immune to quasiparticle energy loss
The Filter Wizard: Just add a transistor
Mobile display revenues soar, leaving TV behind
European organic PV project aims for material gains
Nanomaterial-packed cathode extends range of EV lithium-sulfur batteries
April 17, 2014
Researchers at the USA's Department of Energy Pacific Northwest National Laboratory have developed a metal organic framework ...
Wearable computing market on 78% CAGR through 2018
OLED TV shipment delays stall OLED material growth
BMW updates navigation via mobile radio connection
- USB 5V 2.5A Output, 42V Input Synchronous Buck with Cable Drop Compensation
- Measurement applications across multiple test platforms
- Supplying DC input power to string inverters
- Supplying DC input power for HEV testing
InterviewHeartbleed challenges the Internet of Thing
The Heartbleed security bug is a key example of the fundamental security challenge for the Internet of Things says Green Hills Software as it launches a new security group.
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Arrow Electronics is giving away ten XMC1200 lighting application kits, worth 100 Euros each, for EETimes Europe's readers to win.
Each kit combines Infineon’s brightness and colour control XMC1200 CPU board to drive flicker free LED dimming and colour changing, together with a colour LED card and a white LED card.
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.