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Siemens to cut 4,200 IT jobs
19.03.2010 Siemens has announced it is to cut 4,200 jobs in its IT division by 2011, with 2,000 of the job cuts in Germany. more...
Broadband penetration in Ireland reaches 32.4pc
19.03.2010 The latest report from the Commission for Communications Regulation (ComReg) for Q4 of 2009 shows that broadband penetration (including mobile broadband) in Ireland reached 32.4pc for this period from... more...
Start-ups
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OpenHydro to deploy 200MW tidal energy farm off Scotland
16.03.2010 Young Irish green-tech firm OpenHydro along with utility provider SSE Renewables have won exclusive rights to develop a 200MW tidal energy farm in the Pentland Firth off the northern coast of Scotland. more...
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Angel investors raise €4m for investing in early stage companies
16.03.2010 The Halo Business Angel Network (HBAN) said today its members have raised €4m in 2009 to support early stage enterprises in Ireland via regional networks and investment syndicates. more...
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Schwarzenegger gives Silicon Valley awards to Irish tech stars
16.03.2010 Dublin-based RedMere and Belfast-based SiSaf were presented with awards on behalf of the Irish Technology Leadership Group by California’s "Governator" Arnold Schwarzenegger. more...
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Ex-VMware exec to lead EazyBusiness US cloud growth
16.03.2010 A fast-growing Irish cloud-computing company has appointed a senior former executive from VMware and Interwoven to lead its expansion into the US from a new hub in Silicon Valley. more...
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R&D pitfalls for start-ups
15.03.2010 Research and development (R&D) isn’t an end in itself, unless the product or service meets a market need, then the time a start-up spends on this is wasted, says Dr Aidan O’Boyle, chairman of the Small Firms Association, joint managing director of Aalto Bio Reagents Ltd, and Bizstartup.ie mentor. more...
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Bank of Ireland equity arm invests €500k in Teamer.net
12.03.2010 Teamer.net, a sports management web firm, has received a €500,000 investment led by Kernel Capital and the Bank of Ireland’s Seed and Early Stage Equity Fund. more...
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Schwarzenegger to award innovative Irish tech firms
12.03.2010 California Gov Arnold Schwarzenegger is to be the keynote speaker at the Irish Technology Leaders Group (ITLG) Awards at Stanford University on Monday night, Siliconrepublic.com has learned. more...
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Irish Innovation Centre for start-ups to open in Silicon Valley
12.03.2010 This Sunday, Taoiseach Brian Cowen TD will formally open a new innovation centre in San Jose, California, at the heart of Silicon Valley, which is the brainchild of the Irish Technology Leaders’ Group (ITLG) and described as a "concrete" outcome of the Global Irish Economic Forum at Farmleigh. more...
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Taoiseach urged to implement Innovation Taskforce report
12.03.2010 Technology industry and academic leaders have welcomed the recommendations of the Innovation Taskforce and are urging Taoiseach Brian Cowen TD to implement them as a matter of urgency for the economy. more...
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215,000 new jobs by 2020 if Ireland becomes a Global Innovation Hub
11.03.2010 Nationwide 1Gbps broadband, the creation of a ‘European Accelerator' to attract the world’s most innovative start-ups and a sea change in structures and attitudes to start-ups were among the recommendations of the Innovation Taskforce revealed today. more...
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