Tech Track 100

Adrian Lucas founded Imerge in 1998 as a spin-out from his former employer, the technology consultant Scientific Generics. The Cambridge firm produces software for audio players that access music stored on hard disks connected to the internet. A number of audio-equipment makers, including Linn and Marantz, have licensed Imerge’s Xiva technology. This has helped boost sales by 106% a year from £343,000 in 1999 to £1.5m in 2001, with big losses. Imerge has raised £11m of venture capital, including £2.5m in September 2001.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
ActivityAudio-video systems developer
Average 3 year sales growth105.61%
Latest sales £000s1,450

If applicable:

* supplied by company † annualised figure