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NCC Group, previously part of the National Computing Centre, specialises in supplying software escrow - independent third party protection and storage of business critical software.
The business is the only significant escrow provider in the UK. It provides a valuable assurance product for all users of IT alongside a consultancy service - predominantly in the protection, verification and assurance markets.
NCC Group raised over €56m via an institutional placing. The market capitalisation of the group on admission to AIM was over €80m.
The float enables us to raise significantly the profile of escrow and helps us promote the value of our IT assurance services.