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Full coverage: Technology

Altada’s “vital” US backer resigned board seat in May

The Cork-based AI start-up has admitted to funding difficulties leading to staff lay-offs in recent weeks. But it is only revealing now that the investor who rescued the company from insolvency resigned as director three months ago.

Thomas Hubert
31st Aug, 2022 - 3 min read

“We don’t ever set ourselves a limit”: Brothers plan to tackle global drug resistance from their Limerick farm

Nick Cotter has been in business with his brother Jack since he was 10. Having grown local firewood and organic lamb enterprises, they are now commercialising a new livestock health technology with worldwide potential – while still in college.

Thomas Hubert
31st Aug, 2022 - 10 min read

Brexit was the trigger and Covid the enabler. Now, Kwayga is plotting a funding round and global growth

Since launching in 2021, Kwayga's subscription service that matches buyers and sellers in the food sector has listed 50,000 suppliers on its platform and reached 50 countries. Co-founder Mike McGrath talks about the business model, supply chain disruption and the future.

Ian Kehoe
24th Aug, 2022 - 6 min read

Lower guidance, impairment and a strong dollar push GAN shares further down

Despite much-awaited share buybacks, Dermot Smurfit’s online gambling technology firm still has a lot to do to achieve profitability – and is raising debt in the meantime.

Thomas Hubert
16th Aug, 2022 - 3 min read

A $200m valuation, a $100m earn-out and a plan for an IPO: Inside Glofox’s knock-out deal

The value negotiated by the Irish founders of gym software firm Glofox for its acquisition by US-based ABC Fitness is a remarkable achievement for a company forced to retrench by Covid-19 just two years ago. Yet it is only a step on the journey now sketched out for the business.

T. Lyons and T. Hubert
4th Aug, 2022 - 5 min read

Norton’s streamlined Irish operation gears into billion-dollar group funding

Years of restructuring at the cybersecurity multinational NortonLifeLock have left it with just two subsidiaries in north Dublin: one booking sales around the world, and one managing the group’s cash and intercompany debt. Meanwhile, Google reports exponential growth in card payments processed in Ireland.

Thomas Hubert
19th Jul, 2022 - 4 min read

Lasers, 3D printing, and an electric car: The ninth decade of an Irish inventor

Dublin-born billionaire engineer David McMurtry is working with the next generation – including an Irishwoman – on the future of all these things. In exclusive interviews, he and the executives leading Renishaw's latest projects talk past, present and future.

John Reynolds
30th Jun, 2022 - 15 min read

Partnering for zero-trust: Ekco’s acquisition drive continues with deal for hacker buster Kontex

The Malahide-based cloud provider Ekco has bought a second leading Irish cybersecurity firm. It now employs 420 people in Europe, and has bigger growth plans.

Tom Lyons
22nd Jun, 2022 - 4 min read

Its assets sold through a pre-pack receivership, Pharmapod is now calling in a liquidator

Pharmapod’s assets were sold last year through a pre-pack receivership for around €1.5m. Now, creditors of the Irish software company are poised to wind up the remnants of the company.

Ian Kehoe
17th Jun, 2022 - 4 min read

Kainos executive on tech, talent and ethics at a £1.3bn company

Aislinn McBride is one of the most senior technology leaders at Kainos. As the Belfast software group’s international expansion pushes revenues past £300m, she openly discusses its next challenges: finding and keeping staff, fending off cyber attacks and exploring the ethics of AI.

Thomas Hubert
15th Jun, 2022 - 15 min read
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