Ireland

WPP Digital picks up majority stake in UK digital consultancy Cognifide

Dublin, Ireland-based global communications services firm WPP Digital picked up a majority stake in London, UK-based digital consultancy firm Cognifide for an undisclosed sum in a deal that will deliver mutual benefits to both companies.


Irish energy investor Tom O'Gorman buys Blarney Golf Resort for €2.5M

Northern Ireland-based energy investor Tom O'Gorman bought the Blarney Golf Resort in Co Cork for €2.5 million (£2 million) and confirmed that the company will continue operate as usual.

Irish oil firm PetroNeft raises $6.7M to fund Russian oilfield development

Dublin, Ireland-based oil exploration firm PetroNeft Resources raised $6.7 million (€4.8 million) in combined share placement and debt facility to support the development of its oilfield in Russia.

Ireland sees increasing venture capital activity with the help of private investors

Ireland saw a 6% increase in its venture capital activity with the help of private investors who poured in £237 million (€284 million) in investments in 2013.


Latest News

Robocoin, the Bitcoin ATM manufacturer that first launched its crypto-currency machine in Canada, will be shipping more Bitcoin ATMs this month in other worldwide locations, TechCrunch reported.
LA Fitness Group will be selling 33 of its 80 gyms in the UK and Ireland as part of debt-reduction strategy. It had also signed company voluntary arrangements to help reduce its rent, Bloomberg reported.
Dublin, Ireland-based social media analytics startup Eagle Alpha bagged $1.5 million (€1.1 million) in angel funding from former investment banker Emmett Kilduff to develop its product offering and beef up its salesforce.
Irish startup Boxever which provides an airline-focused personalization platform raised $6 million in a round led by Polaris Partners and joined in by Frontline Ventures, TechCrunch reported.
Dublin, Ireland-based over-the-counter (OTC) drug manufacturer Perrigo Company PLC picked up a set of products being marketed in Australia and New Zealand from South African firm Aspen Global Inc in a $51-million cash deal.
Dublin, Ireland-based public investment holding company TVC Holdings offloaded 7.6 million shares in Northern Ireland-based media broadcaster UTV in a deal valued at €22.1 million, reducing its stake from 18% to 10.05%.
Irish telecom tycoon Denis O'Brien picked up a minority stake in San Francisco, US-based startup Spritz to see how the latter's easy reading app could help improve the literacy rate in developing areas.
Even if venture capital invested a quarter of a billion euros in Ireland-based firms last year, the Irish fundraising market is already slowing, the Irish Examiner reported.
County Kerry, Ireland-based financial services provider Fexco will UK-based foreign exchange firm InterCash for an undisclosed sum to establish the firm's position in the market as the country's economy starts growing again.
Dublin, Ireland-based online jewelry retailer Coldlilies snagged $50,000 in funding from Enterprise Ireland's Competitive Start Fund fr female entrepreneurs to begin next phase of the business.
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