Tern set to cross-trade stateside on OTC Venture Market
17th Jun 2021 13:58
(Sharecast News) - Internet-of-things (IoT) specialist investor Tern announced on Thursday that it intends to file an application with the OTC Markets Group for its ordinary shares to be publicly cross-traded on the OTCQB Market in the United States.
Read moreTern swings to profit after decent first half
21st Sep 2020 09:42
(Sharecast News) - Technology-focussed investment company Tern reported net assets of £19.9m at the end of its first half on Monday, rising from £17.48m year-on-year, although its current assets slid to £0.96m from £2.15m.
Read moreTern portfolio company inks deal with global satellite operator
9th Sep 2020 10:16
(Sharecast News) - Investment outfit Tern said on Wednesday that wholly-owned portfolio company Wyld Networks had received a £112,600 initial purchase order from a global satellite operator.
Read moreTern portfolio company inks deal with unnamed manufacturer
6th Aug 2020 11:12
(Sharecast News) - Investment company Tern said on Thursday that portfolio company Device Authority had entered into a £200,000 contract with an unnamed automotive component and safety technology manufacturer.
Read moreDocuSign acquiring Tern investee firm Seal Software
3rd Mar 2020 15:32
(Sharecast News) - Internet of things (IoT)-focussed investment company Tern announced on Tuesday that one of its portfolio companies, Seal Software Group, has been acquired by DocuSign.
Read moreTern portfolio company InVMA gets initial order commitment
13th Jan 2020 14:53
(Sharecast News) - Internet of things-focussed investment company Tern announced on Monday that its portfolio company, InVMA, has secured an initial order commitment worth £0.82m over a two-year period to provide its 'AssetMinder' solution to an unnamed global, multi-billion euro revenue supplier to the industrial and construction sectors.
Read moreTern ropes in Matthew Scherba as specialist investment director
9th Dec 2019 14:01
(Sharecast News) - Technology investment company Tern announced on Monday that Matthew Scherba has joined the company as an investment director - a non-main board appointment - reporting to the chief executive officer and responsible for helping to develop existing and new portfolio opportunities.
Read moreTern portfolio company scores medical partnership with Wipro
23rd Apr 2019 12:15
(Sharecast News) - Tern PLC's shares climbed on Tuesday after its 56.8% owned subsidiary Device Authority (DA) joined a new strategic partnership and joint customer collaboration with IT, consulting and business services specialists Wipro Limited.
Read moreTern pours more money into growing Device Authority
11th Apr 2019 12:24
(Sharecast News) - Internet of things investment company Tern announced on Thursday that, together with its co-investors, it has committed a further convertible secured loan to its portfolio company Device Authority, which specialises in internet of things security.
Read moreTern investment switches up name following portfolio acquisition
4th Mar 2019 11:16
(Sharecast News) - Internet-of-things focussed investor Tern revealed on Monday that its wholly-owned investee company FlexiOPS has been renamed Wyld Networks.
Read moreTern puts another £1.1m into surgery simulation tech firm FundamentalVR
30th Oct 2018 09:34
(Sharecast News) - Technology investment company Tern has made a further £1.1m investment in FVRVS - trading as FundamentalVR - a virtual reality (VR) training and data analysis technology platform, and one of its existing portfolio companies.
Read moreTern's FundamentalVR launches surgery simulator in US market
15th Aug 2018 14:52
(Sharecast News) - Internet of things investment company Tern noted an announcement from its portfolio company FundamentalVR on Wednesday, that it has launched 'Fundamental Surgery', a "first-of-its-kind" software-as-a-service platform, in the US.
Read moreTern's InVMA swallows up AMIHO Technology
25th Jul 2018 14:44
(Sharecast News) - Technology investor Tern said on Wednesday that its investee company InVMA, in which it has a 50% holding, has acquired the intellectual property and other assets of Cambridge-based AMIHO Technology.
Read moreTern swings to FY pre-tax profit as investment value soars
17th Feb 2017 11:37
(ShareCast News) - Shares in Tern are up more than 6% as it swung to an annual pre-tax profit in 2016 -- helped by a handsome uptick in the fair value of investments -- in what it described as a "pivotal" year. Pre-tax profit was £5.3m, from a loss of £185,121. Tern also recorded a £5.8m rise in the
Read moreTern's stake in investee company Device Authority reduced
15th Feb 2017 12:07
(ShareCast News) - Shares in Tern are down more than 1% after its stake in investee company Device Authority Ltd was reduced as a non-executive director in that firm subscribed for preference shares. Device Authority non-executive director George Samenuk, former McAfee chairman and CEO, subscribed £
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