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        Technology

         US technology company Bitsight slashes 54 jobs in Portugal and replaces them with AI
        0
        By Christopher Graeme
        In AI, Companies, Cybersecurity, News, Redundancy, Technology
        Posted 16 Maio, 2025

        US technology company Bitsight slashes 54 jobs in Portugal and replaces them with AI

        Boston-based tech firm Bitsight has undertaken a restructuring of its team in Portugal where it has its European base, replacing some of its operations in the cybersecurity area by an AI tool, [...]

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         Seresco Group acquires 75% share in F5IT for €2.5 million
        0
        By Christopher Graeme
        In Company management, News, Technology
        Posted 13 Março, 2025

        Seresco Group acquires 75% share in F5IT for €2.5 million

        The Spanish-based Seresco group has acquired a 75% share in the Portuguese technology company F5IT that specialises in the analysis, development, customisation and implementation of the company [...]

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         Competition authority gives green light to Claranet buyout by NOS
        0
        By Christopher Graeme
        In Companies, Company takeovers, News, NOS, Technology
        Posted 7 Março, 2025

        Competition authority gives green light to Claranet buyout by NOS

        The Portuguese Competition Authority (AdC) yesterday gave the green light to the acquisition of technology company Claranet Portugal by the telecommunications operator NOS. The €152 million deal [...]

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         Critical Software announces partnership with Turion Space for space sector projects
        0
        By Christopher Graeme
        In Aerospace, News, Software, Technology
        Posted 12 Fevereiro, 2025

        Critical Software announces partnership with Turion Space for space sector projects

        The Portuguese IT company Critical Software has announced a partnership with the US company Turion Space to join forces on projects in the space sector. The Coimbra-based Portuguese tech and [...]

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         BIGhub raises €10 million to create payment service
        0
        By Christopher Graeme
        In News, Start-Up, Technology
        Posted 31 Janeiro, 2025

        BIGhub raises €10 million to create payment service

        BIGhub, a Portuguese startup dedicated to integrating stores in European marketplaces, has raised €10 million to create a same-day payments service for shop retailers and advertisers on the [...]

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         NOS acquires Claranet Portugal for €152 million
        0
        By Christopher Graeme
        In Acquisitions, Cloud Technology, Companies, News, Technology
        Posted 27 Janeiro, 2025

        NOS acquires Claranet Portugal for €152 million

        NOS has reached an agreement with the Claranet group to acquire 100% of Claranet Portugal for €152 million. In a note sent to the markets, the company led by Miguel Almeida explains that the [...]

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         Portuguese government unveils 30 new tax-payer friendly measures
        0
        By Christopher Graeme
        In News, Red Tape, Tax, Technology
        Posted 17 Janeiro, 2025

        Portuguese government unveils 30 new tax-payer friendly measures

        Portugal’s Government saw a package with 30 tax simplification measures approved in its parliament on Thursday, according to business daily Jornal de Negócios. Most (80%) aim to reduce context [...]

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         Government launches deep-tech financing fund worth €110.6 million
        0
        By Christopher Graeme
        In Funds, News, Start-Up, Technology, Web Summit
        Posted 15 Novembro, 2024

        Government launches deep-tech financing fund worth €110.6 million

        The Minister of the Economy, Pedro Reis, has announced a programme to finance deep-tech projects with an initial  investment value of €60.6 million and with the capacity to leverage it up to [...]

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         Cooperation between Portugal and Spain vital to develop Iberia’s digital economy
        0
        By Christopher Graeme
        In 5G, AI, Deeptech, Digital banking, Digital banks, Digital economy, E-Commerce, News, Technology, Telecoms
        Posted 6 Novembro, 2024

        Cooperation between Portugal and Spain vital to develop Iberia’s digital economy

        The Portuguese are increasingly feeling at home in the digital world according to the President of ACEPI – Digital Economy Portugal, Alexandre Nilo who was the opening keynote speaker at [...]

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         TalkDesk founder and SIBS CEO among the most powerful women in Portuguese technology and telecoms
        0
        By Christopher Graeme
        In News, Personality, Technology, Telecoms
        Posted 5 Novembro, 2024

        TalkDesk founder and SIBS CEO among the most powerful women in Portuguese technology and telecoms

        TalkDesk founder Cristina Fonseca and SIBS CEO Madalena Tomé have made the Forbes Portugal list of the most influential women in technology and telecoms in the country. Cristina Fonseca [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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