Type Public limited company Founded 1999 Area served Worldwide Revenue 133.7 million GBP (2015) | Traded as LSE: NCC Number of locations 32 (2015) Headquarters United Kingdom CEO Rob Cotton (Apr 2003–) | |
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Industry Information assurance
Cyber security
Source code escrow Stock price NCC (LON) 114.31 GBX +3.06 (+2.75%)23 Mar, 5:01 PM GMT - Disclaimer Subsidiaries Accumuli Security, NGS Secure Profiles | ||
NCC Group (LSE: NCC) is an information assurance firm headquartered in Manchester, United Kingdom. Its service areas cover software escrow and verification, cyber security consulting and managed services, website performance, software testing and domain services. NCC Group claims over 15,000 clients worldwide. The company is listed on the London Stock Exchange.
Contents
Ncc group s what is escrow
History
NCC Group was formed in June 1999, when the National Computing Centre sold its commercial divisions to its existing management team supported by private equity firm ECI Ventures. This new company was named NCC Services Ltd and was renamed NCC Group Ltd in May 2000. In 2000, Rob Cotton was hired as finance director and subsequently took responsibility for the Group’s escrow division. In 2003 he led a secondary management buyout and became chief executive of NCC Group Ltd. This valued the Group at £30 million and was supported by Barclays Private Equity.
On July 12, 2004 NCC Group was admitted to trading on AIM, with the flotation raising £38.1 million before expenses. After rapid expansion, in July 2007 the Group made the move to the London Stock Exchange's main market.
Acquisitions
NCC Group has expanded through a mixture of organic growth and acquisitions, as outlined below.
Services
NCC Group's services are divided into the following areas:
.secure
In 2012 NCC Group announced the investment of £6 million over 15 months in a wholly owned subsidiary, Artemis Internet. This was used to apply for a new .secure generic Top Level Domain (gTLD) and develop an associated security programme.
.trust
In 2014 NCC Group acquired the right to operate the generic Top Level Domain (gTLD) .trust from Deutsche Post.