Boost for East London as Tech City attracts new investment

02/08/2012

< continued from page two

...Working to launch its third club to help the rapid growth of small and medium-sized businesses. Located in London’s Tech City, this club is expected to help over 22,000 businesses during the next five years, supporting estimated growth of more than £350 million within five years. Central Working clubs nurture talent within fast growth companies by providing deep support and inspiration, as well as the environment to foster collaboration and peer development.

GREE Inc, a Tokyo-based mobile social gaming company that is one of the fastest-growing companies in Japan, is announcing the opening of a new game development studio in the UK and its planned relocation in September to a new office in Tech City. The London studio will be the latest studio set up to develop for GREE’s mobile social games, and comes as part of an aggressive expansion in Europe. Its opening means that GREE UK now has a full UK operation consisting of development, developer relations, marketing and customer support. The new studio will create employment opportunities in engineering, art, and game production.

USTWO, a Tech City-based digital product and service design studio, has expanded its business to the US market, where its strong growth has in turn driven further expansion in London. Since opening an office in New York in June 2012, USTWO has generated new business worth over £300,000 with global brands and now has plans to expand to the west coast of the US by 2014 and to recruit a further 20 staff in the UK.

Tribal Group, a provider of technology products and services to the education, training and learning markets, headquartered in Paddington, London, has won significant ICT contracts in Australia and New Zealand. The deals with overall contract values totalling more than £27 million for Australia and more than £5 million in New Zealand,... continued on page four >

 

 

•  Read latest news
  • - Are businesses failing to prepare for the future? »
  • - Apple remains the world's most valuable brand »
  • - £350 million lost each year to exaggerated expenses »
•  Watch exclusive videos
  • - Great British Entrepreneur Awards »
  • - Brighton SEO conference »
  • - Brighton SEO, Fili Wiese, Alfredo Pulvirenti, Jonas Weber »
•  Email this to a friend
•  Print this news