Bglobal acquires Welsh software firm

SMART meter firm Bglobal has bought a software business based in Bangor.

It has acquired Draig Technology, which specialises in billing software for electricity suppliers as well as customer relationship management programmes.

Darwen-based Bglobal paid £675,000 through its Utilisoft subsidiary.

Draig, owned by Richard Sheppard, had revenues of £434,700 in the year to May 31.

Bglobal said the deal would give it a billing solution that it can sell to new entrants to the market and existin... For the full story register now for free or login below...