ITNorthWest Voice

This is a blog for all the technology entrepreneurs based in the North West of Ireland - musings about our business, companies, interests, trends and any other random thing that hits us.

Friday, January 27, 2006

Irish tech company bought for $55million

Informatica Pays $55m For Similarity Systems Nice exit for founders and VC. Also spotted this in ENN "Property website Daft.ie is being wooed by potential buyers, reports the Irish Times. The website's owners have appointed corporate advisers to value the business following unsolicited approaches from a number of potential buyers. Market sources said A-Plan, the adviser run by former Merrion Capital executive Pat Landy, had placed a valuation range of EUR10 million and EUR15 million on the website. Majority owner Brian Fallon declined to name suitors and said the business was not for sale at present."

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