Motion S5M-12848: Stream Technologies and a Fear of Heights

20 Jun 2018

That the Parliament notes the acquisition of the Glasgow-based Stream Technologies by the global software design company, Arm Holdings; accepts that there might sometimes be valid reasons for Scotland’s companies being sold off; understands however that, while the country has been very successful at starting up businesses, it has been less successful at growing them to a larger size because of what is sometimes called a “fear of heights”, which is a concern that a company might become too large; considers that having company headquarters functions in Scotland is extremely important for the economy, as this can be associated with high-quality jobs, and hopes that more of Scotland’s companies will grow larger without having to be sold off.