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Full coverage: Technology

A Novell deal structure: the IT sell-off and the €1bn tax-free profit

When the multi-billion dollar software business SUSE changed hands in 2019, the proceeds trickled back to the UK-based Micro Focus group – but not until they had transited through Irish companies enjoying Caribbean tax residency. This is how the deal was done.

Thomas Hubert
15th Jun, 2021 - 4 min read

In 1985, Dermot Desmond spotted the potential of what we now call e-learning. And it is still paying off

An Isle-of-Man company controlled by Dermot Desmond has received a €15m dividend from Intuition. So, just what does Intuition do, and how much money is it making?

Ian Kehoe
1st Jun, 2021 - 3 min read

The 14 questions that every business needs to ask to help prevent – and deal with – a cyber attack

Kevin O’Loughlin founded Nostra, an €18m managed IT services provider that employs 150 people. Here, he outlines some practical steps that will help shore up a company’s IT security, and the questions that all business leaders should be asking.

Kevin O'Loughlin
21st May, 2021 - 7 min read

A kind gift: How &Open convinced two serial unicorn backers and three angel investors to inject $7.2m

From a standing start four years ago, Irish gifting platform &Open now works with some of the world’s biggest companies and has just closed a major funding round. CEO Jonathan Legge explains how its founders pivoted towards success after spotting an opportunity in the market.

Tom Lyons
20th May, 2021 - 5 min read

Co Kerry tax software firm deal makes millionaires from Killorglin to Warsaw

Fexco scion John McCarthy, his family and colleagues are in line for a €165 million windfall from the sale of their company Taxamo. They have successfully capitalised on the combined effects of the boom in online shopping, Brexit and an EU crackdown on Vat evasion.

Thomas Hubert
14th May, 2021 - 2 min read

We need a new institution to solve climate change via technology, green innovation, and SME dynamism

Multiple assessments of the Irish economy agree that the long-term issues facing us are intergenerational inequality, firms dealing with technological change, and climate change. Here is how we can tackle them.

Stephen Kinsella
13th May, 2021 - 7 min read

Boom Supersonic has declared war on commercial aviation. What could it mean for airlines, lessors and consumers?

Colorado start-up Boom is promising to bring back supersonic travel. To understand if it can succeed, you have to understand why Concorde ultimately failed, and also examine the competing interests of aircraft manufacturers and airlines.

Sinead O'Sullivan
11th May, 2021 - 7 min read

Apple has cleared its Irish unit of hundreds of billions in past riches. Now it’s ready for the next wave of profit

The Cork company funnelling the Silicon Valley giant’s international business has been the source of a cascade of dividends for the past few years. Now it is set to reap the benefits of a boom in Asian demand for Apple products.

Thomas Hubert
6th May, 2021 - 3 min read

Much bigger, much more Irish: What Stripe’s new filings tell us about the $95bn payments giant

Stripe's Dublin office has just filed annual accounts revealing the central role Ireland has come to play in its expanding business outside the US. Just before the pandemic provided a huge boost to its business, it also posted its first ever Irish profit.

S. Keyes and T. Hubert
5th May, 2021 - 6 min read

A $30bn Bermuda triangle: Oracle leaves the Isle of Man to centralise global business in Ireland

New transactions reveal how the American computer infrastructure giant has consolidated all profits made outside the US in an unassuming Dublin business park – without fully giving up on zero-tax jurisdictions.

Thomas Hubert
5th May, 2021 - 4 min read
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