Mercia Asset Share News (MERC)

Mercia Asset Information

Buy MERC Shares
Add MERC to Watchlist
Add MERC to Alert

Share Price Information for Mercia Asset (MERC)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 32.80

Bid: 32.00

Ask: 33.60

Change: 0.10 (0.31%)

Spread: 1.60 (5.00%)

Open: 32.70

High: 32.80

Low: 32.50

Prev. Close: 32.70

Last checked at -

Mercia investment in nDreams paying off

Fri, 20th May 2016 16:30

(ShareCast News) - Mercia Technologies announced on Friday that its portfolio company nDreams has been appointed by Google as one of the first developers alongside EA Games and Ubisoft to make apps and experiences for mobile virtual reality platform Daydream.The AIM-traded firm, which says it focuses on the creation, funding and scaling of businesses with high growth potential, holds a 40% equity stake in nDreams.It confirmed nDreams has two original titles in development for Daydream, with each built specifically for Google's new mobile VR platform.nDreams previously saw success with its Perfect Beach title for the Google Cardboard platform."The nDreams appointment by Google is a clear demonstration of Mercia's success in investing and mentoring UK technology businesses," said Mercia CEO Dr Mark Payton."We congratulate the nDreams team and believe that the company has an exceptionally exciting future ahead, operating at the forefront of the VR content development market."Payton said Mercia's strategy of combining market intelligence and significant sector experience helps it to identify and scale promising UK technology businesses such as nDreams."The investment in nDreams is led by investment director Mike Hayes, who has over 23 years of experience in interactive businesses including CEO for Europe and America of multinational games company SEGA and marketing director at Nintendo," he explained."This unique approach of investment and deep sector expertise like Mike's helps Mercia build opportunities such as nDreams towards the potential realisation of significant shareholder value."nDreams CEO and founder Patrick O'Luanaigh said he is thrilled the company is one of the first studios to support Daydream."With this new platform's announcement, it's that much easier to envisage a time where everyone always has access to high quality mobile VR entertainment and it's exciting to be collaborating with Google on that ambition," he commented.

More News

3 Dec 2018 13:11

Monday broker round-up

(Sharecast News) - Dunelm: Peel Hunt upgrades to buy with a target price of 750p.

3 Dec 2018 11:32

Mercia Technologies Outlook Confident As Profit Rises In First Half

LONDON (Alliance News) - Mercia Technologies PLC on Monday said profit grew in the first half of its current financial year on the increased value of its portfolio.The UK technology said to

3 Dec 2018 10:11

Mercia Technologies profits soar as revenues strengthen and expenses narrow

(Sharecast News) - Mercia Technologies saw interim profits soar as a result of increased performance fees and narrowed expenses.

16 Oct 2018 11:42

Mercia Technologies Invests GBP500,000 In Medical Firm Locate Bio

LONDON (Alliance News) - Mercia Technologies PLC said Tuesday it invested GBP500,000 in medical device company Locate Bio Ltd, taking its stake to 6%.Mercia explained that Locate Bio is a

16 Oct 2018 09:23

Mercia Technologies invests £0.5m into medical firm Locate Bio

(Sharecast News) - High-growth technology investor Mercia Technologies announced a new direct investment of £0.5m into Locate Bio on Tuesday.

21 Sep 2018 11:24

Mercia Technologies investee companies reach 'significant' milestones

(Sharecast News) - Technology business investment group Mercia Technologies told shareholders on Friday that, since its 31 March year-end, its direct investment portfolio had continued to make "good overall progress".

21 Sep 2018 10:42

Mercia Tech Chases New Investments As Current Investees Perform Well

LONDON (Alliance News) - The chairman of Mercia Technologies PLC said Friday the company was seeing an increasing number of investment opportunities, whilst its existing investments continue to by

16 Aug 2018 09:04

Mercia's nDreams wins multi-million contract with VR company

(Sharecast News) - National investment group Mercia Technologies announced on Thursday that investee company nDreams has won a multi-million dollar contract with an unnamed virtual reality technology company.

12 Jun 2018 12:29

Mercia Technologies Appoints Caroline Plumb As Non-Executive Director

LONDON (Alliance News) - Mercia Technologies PLC said Tuesday it has appointed Caroline Plumb as non-executive director with immediate effect.Plumb is the co-founder and non-executive chair

27 Apr 2018 10:32

Xeros Technology Non-Executive Viggars To Resign Amid Promotion

LONDON (Alliance News) - Xeros Technology Group PLC, a garment cleaning technology developer, said Friday that Non-Executive Director Julian Viggars will resign from the company in May following -

26 Mar 2018 15:00

Mercia Technologies Fully Pays GBP2.0 Million Deferred Consideration

LONDON (Alliance News) - Mercia Technologies PLC said Monday it has fully paid the GBP2.0 million deferred consideration for its March 2016 takeover of Ventures

22 Mar 2018 14:14

Mercia Technologies Backs Investee Voxpopme With Further GBP1 Million (ALLISS)

LONDON (Alliance News) - Investment firm Mercia Technologies PLC said Thursday it has invested a further GBP1.0 million in investee company Voxpopme is a which

18 Jan 2017 12:14

Mercia invests in battery innovator Faradion

(ShareCast News) - Innovative technology investment group Mercia Technologies announced a new direct investment of up to £1.9m in Faradion, a company focused on the development and commercialisation of advanced, low-cost battery materials, on Wednesday. The AIM-traded company said the investment is

16 Dec 2016 17:28

UPDATE: Mercia, OT3 VCT To Gain From Sale Of Allinea To ARM

16 Dec 2016 10:15

Mercia Tech sells emerging star Allinea Software for £18m

(ShareCast News) - Investment firm Mercia Technologies has sold its emerging star software business, to ARM, a semiconductor intellectual property company, for £18.1m, which is 21 times the original investment. The company sold Allinea Software, which develops tools for developing and optimising hig

Latest Share Chat

Mercia Asset Share News (MERC)

Share Price Information for Mercia Asset (MERC)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Mercia investment in nDreams paying off

Login to your account

Quickpicks are a member only feature

Login to your account