Tern 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 £
Read moreTern puts another £2m into Device Authority
19th Oct 2016 13:03
(ShareCast News) - Cloud and internet of things specialist Tern announced on Wednesday that it has invested £2m in Device Authority, as the lead investor in a £2.5m funding round. The AIM-traded firm described Device Authority as a "global leader" in policy and device-driven security for the interne
Read moreTern's Device Authority partners with DigiCert
7th Sep 2016 14:37
(ShareCast News) - Cloud and Internet of Things (IoT) specialist company Tern announced on Wednesday that its subsidiary, Device Authority, has entered a strategic partnership with DigiCert, a global provider of trusted identity and authentication solutions, to provide enhanced device provisioning a
Read moreTern makes progress with Flexiant debtors
21st Jul 2016 14:27
(ShareCast News) - Cloud and mobile sector investment company Tern announced on Thursday that the two business units acquired from Flexiant Limited for £0.075m are well advanced. In a short update, the firm said both units had significant changes being implemented to improve performance. "Trading h
Read moreTern acquires Flexiant business divisions
24th Jun 2016 13:31
(ShareCast News) - Cloud and mobile sector investing company Tern announced on Friday that it has successfully completed the acquisition of the assets and businesses of the Research and Multi Cloud Management divisions of Flexiant. The AIM-traded firm said it partnered with Flexiscale Technology, wh
Read moreTern celebrates success at Device authority
9th Jun 2016 16:06
(ShareCast News) - Tern was celebrating success at one of its investee companies on Thursday, with policy and device driven security firm Device Authority named the UK's Most Innovative Small Cyber Security Company by techUK's Cyber Connect programme and the Department for Culture, Media and Sport.
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