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Cisco to spend US$1bn in UK after successful Westminster talks

Sam Shead | July 13, 2015
$150 million has been set aside by Cisco for investment in UK tech startups focusing on financial technologies, security, retail, healthcare, and smart city development.

The company is one of several US firms looking to cash in on the UK's thriving technology industry.

London & Partners, the Mayor of London's promotional agency, published data earlier this year which showed that technology companies in London alone obtained $1.4 billion in funding last year, with $795.2 million coming from US-based investors.

 

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