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Friday, August 3, 2012

Vodafone plans new start-up tech incubator in London

Vodafone is planning to help innovative young businesses by opening a new technical facility in the 'Tech City' area of East London. It follows the opening of Vodafone's xone in Silicon Valley last year and Telefonica's Wayra in London's Tottenham Court Road.

The new centre will draw on the expertise of Vodafone Ventures, the company’s corporate venture capital arm. It's expected to be open by the end of the year, working with businesses in the mobile internet and creative media industries.

Siavash Alamouti, Vodafone Group Research and Development Director, said “Vodafone is delighted to confirm its intention to set up a new R&D and incubation centre in Tech City. This exciting new centre will build on our existing Vodafone xone facility in Silicon Valley, giving cutting-edge British high tech start-ups access to the expertise and global reach of Britain’s largest ICT company. We believe that the great talent, entrepreneurial spirit and wealth of start-up companies, in both the mobile internet and creative media industries, that are to be found in East London, make Tech City a great location for this centre.”

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Author: The Fonecast
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Categories: Networks and operators, Applications, NewsNumber of views: 1166

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