“Cambridge software startup Twigkit has been bought by San Francisco search business Lucidworks to further bolster US ownership of the UK technology cluster’s IP innovators. No figures for the deal have been disclosed.

“Anchored locally in CB1 and with offices in London and California, Twigkit was founded in 2009 by London School of Economics graduate Stefan Olafsson (pictured above) and Dr Bjarki Holm (below), a Cambridge Computer Laboratory graduate. It specialises in user experiences for enterprise-grade search and big data applications and has delivered search applications for a whole raft of world leaders in diverse sectors.”

Full article in Business Weekly.