Technology Connected to Cease Trading
Technology Connected is set to cease trading on March 31.
A statement from managing director Avril Lewis MBE on the organisation’s website said the Board of Directors of ESTnet Ltd, trading as Technology Connected, had formally resolved to commence an orderly wind down of the company’s operations, with the intention that the company will cease trading on 31 March 2026 and will subsequently be dissolved.
It said that the decision follows an announcement by the Welsh Government confirming the dissolution of Industry Wales.
Technology Connected operates within the Industry Wales group structure.
The statement says:
“After thorough consideration of the available options, the Directors have concluded that an orderly wind down represents the most responsible course of action. While this marks the end of the organisation in its current form, it does not diminish the impact, relationships and progress built over the past 25 years.”
It continues:
“We are immensely proud to have played a central role in shaping and championing Wales’s tech ecosystem. It is important to emphasise that this decision reflects structural changes within the Industry Wales framework and in no way reflects the strength, ambition or future prospects of Wales’ technology sector, which continues to demonstrate innovation, growth and resilience.”
