Angle investment secures high profile partner

Technology consultancy and investment company Angle says that its portfolio company Geomerics has agreed a corporate partnership with one of the world's leading technology companies.The partner will invest up to £2.3m in Geomerics, of which £1m is dependent on milestones being achieved. Angle currently owns 47% of Geomerics, which has developed software called Enlighten that improves lighting in computer graphics. This deal should still leave Angle with more than 30% of Geomerics. The Geomerics stake was valued at £2.2m in Angle's accounts for the year to April 2010.