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Full coverage: Technology

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

As Beechbrook seizes control of Slendertone assets, the wearable tech company is now back in play

First, it went into examinership. A liquidation followed. Now, the company behind Slendertone has gone into receivership following a move by its main backer, the British lender Beechbrook Capital. The move could yet salvage the brand.

Ian Kehoe
8th Jun, 2022 - 4 min read

Having failed to secure a new investor, Slendertone has collapsed into liquidation

The High Court has appointed a liquidator to Galway-based wearable technology company Bio-Medical Research, the maker of Slendertone. The business had been in examinership since March but had failed to find a new investor.

Ian Kehoe
2nd Jun, 2022 - 2 min read

KPMG reveals eight finalists for Irish leg of Global Tech Innovator 2022

KPMG is looking for a tech company to represent Ireland at the Global Tech Innovator final in Lisbon later this year. And that company will come from a shortlist of eight announced today.

Devin Seán Martin
24th May, 2022 - 3 min read

Thriving on complexity and risk: Ambisense’s global ambition

Having raised €5m to date, the Dublin-based environmental data analytics start-up is about to add flood defence monitoring to its existing products monitoring the presence of contaminants in a range of situations. Its founder Stephen McNulty is on this week’s podcast.

Thomas Hubert
18th May, 2022 - 5 min read
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