LogicaCMG to cut 1,400 jobs
The combined workforces of Logica and CMG face the prospect of more layoffs as the boards of the respective companies approved a merger and cost-cutting plan.
November 05 in INVESTMENT
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Consultancy merger pairs ISA chairmen
Irish high-tech business consultancies Ascend Partners and International Ventures have merged, combining the talents of two Irish Software Association chairmen.
November 04 in INVESTMENT
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Host Ireland eyes more acquisitions
Irish Web hosting and development company Host Ireland.com said more acquisitions are on the way, following its latest purchase of competitor Renview.com.
November 04 in INVESTMENT
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Energis to take full control of Nevada
Viridian has sold its 50 percent stake in Northern Ireland telecommunications company Nevada Tele.com for what is described as a 'nominal sum'.
November 04 in INVESTMENT
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Harney announces EUR24m for colleges
Eleven Institutes of Technology are to receive a share of EUR24 million in funding to establish business incubation centres.
October 31 in INVESTMENT
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Trapedza secures EUR2.1m in funding
Banking software company Trapedza Financial Systems said on Wednesday that it has secured EUR2.1 million in its first round of funding.
October 30 in INVESTMENT
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Survey shows funding slump is deepening
The continuing falloff in new venture capital activity is playing to the advantage of bargain-hunting "deep pocket" incumbent investors in Irish software firms.
October 29 in INVESTMENT
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Orange invests in Media Lab Europe
Media Lab Europe has signed a major new three-year sponsorship deal with European mobile telecommunications company Orange.
October 24 in INVESTMENT
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Start-ups are starved of funding: report
The Irish Software Association said on Wednesday that Ireland's software start-ups are being starved of vital venture capital funding.
October 23 in INVESTMENT
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Intel commits USD150m to Wi-Fi
Intel said it will develop a new chip designed for mobile computing and announced plans to invest USD150 million in companies developing Wi-Fi technology.
October 22 in INVESTMENT
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Harney praises Ireland's tech sector
The Tanaiste has again praised the government-backed investment body Enterprise Ireland, which over the last 17 months has supported more than 88 Irish firms.
October 21 in INVESTMENT
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Ireland to boost postdoctoral research
A EUR3.2 million scheme aimed at stimulating research in the sciences, engineering and technology by Irish-based PhDs was launched on Thursday.
October 17 in INVESTMENT
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Vodafone to take control of SFR
Vodafone has agreed to buy further stakes in French telecoms company Cegetel in two deals that will give it majority control over it and mobile phone arm SFR.
October 16 in INVESTMENT
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Failed start-ups cost investors EUR4.7bn
Around 15 percent of European companies that received venture capital funding over the last four years have gone bust, a new report said.
October 16 in INVESTMENT
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Irishjobs.ie makes a play for TopJobs
Irishjobs.ie has emerged as one of a number of companies interested in purchasing the assets of the recently liquidated TopJobs on the Net Ireland.
October 11 in INVESTMENT
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Logica looks to buy CMG
Logica has said that it is in early stage talks to acquire rival CMG in an all-share deal, as both companies continue to suffer from weak demand.
October 08 in INVESTMENT
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NewWorldIQ acquires California firm
E-marketing company NewWorldIQ, which has its product development operations in Dublin, announced that it has acquired Paramark Corporation.
October 08 in INVESTMENT
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Ireland's entrepreneurial culture shifts
Most Irish entrepreneurs do not start businesses solely for the purpose of becoming wealthy, a new report backed by the Irish Software Association claims.
September 30 in INVESTMENT
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Parthus merger nears completion
Shareholders in Parthus Technologies, an Irish designer of semiconductors for mobile devices, have approved the company's pending merger with US-Israeli firm Ceva.
September 26 in INVESTMENT
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Tech firms still attract most funding
Although overall investment by the Irish venture capital industry in Irish companies fell in 2001, the proportion of funding to the high tech sector increased.
September 25 in INVESTMENT
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AEP snaps up Baltimore hardware unit
Baltimore Technologies continued its asset sell off on Thursday by unloading its UK-based hardware operations to Bray-based AEP Systems for STG4 million.
September 19 in INVESTMENT
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EVerger injects USD7.5m into NewWorldIQ
E-marketing firm NewWorld IQ, which was formed by the merger between NewWorld Commerce and IQ Commerce, has secured USD7.5 million in additional funding.
September 18 in INVESTMENT
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Interxion receives EUR20m in new cash
International data centre company Interxion has raised EUR20 million to fund organic growth, claiming that it is happy to be 'small and profitable.'
September 17 in INVESTMENT
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Report confirms global funding lethargy
Falling venture capital investments in start-up companies have raised fears of falling rates of technological innovation in the future.
September 16 in INVESTMENT
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Pornography firm bids for Napster
Nasdaq-listed pornography firm Private Media Group has made a bid for Napster, extending the drawn-out demise of the music file-swapping service.
September 13 in INVESTMENT
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