Microsoft unveils $20m venue in London to help UK remain a tech leader

Microsoft has opened a $20 million venue in London to help the UK remain the home of technology innovation in Europe.

The Reactor, in Shoreditch, will be used to “nurture and develop start-up talent in the UK” by giving new businesses access to Microsoft partners, customers and products, UK Chief Executive Cindy Rose said.

As well as offering free office space to start-up and scale-up companies, the UK Reactor will host regular events such as hackathons, talks, meetups and more for up to 120 people.

It is Microsoft’s first such space in Europe, after similar hubs were opened in New York, Redmond and San Francisco. Further Reactors are planned for elsewhere in Europe and Sydney, Australia.

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