New home found for global cash technology firm

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A GLOBAL company that puts systems in place to help banks, casinos and other businesses dealing with large quantities of cash has moved.

Glory Global Solutions, which was formerly known as Talaris before it was taken over by a Japanese company in April, has moved on to the Langstone Technology Park in Havant from its previous home at the Systems Technology Park in Elettra Avenue, Waterlooville, formerly owned by BAE Systems.

As reported in The News, the 14-acre park has planning permission pending for redevelopment, including the building of an eight-screen cinema, a 20-lane tenpin bowling complex, a fitness centre, and a 60-bedroom hotel.

The development would also feature three restaurants, a new pub, and a drive-through fast-food restaurant.

Those plans have meant the companies still based on the site have had to find alternative accommodation, with Glory the latest to move out.

It is best known for providing cash recycling, self-service and desktop cash management technology to the banking, retail and gaming industries, and operates in more than 20 countries across the globe.

Chief executive Paul Adams said: ‘Langstone Technology Park was the natural choice for Glory when it came to relocating our offices – we are an organisation with a long history in the local area.

‘Equally, as a global business pursuing long-term expansion plans, we need a space that not only matches our requirements today, but also offers us room to grow.’

LTP is one of six science and technology parks in the BEST Network.