Norkom shares rise amid takeover talks

29 Nov 2010

A number of parties are said to be in talks with Irish technology company Norkom concerning a takeover which has pushed its share price upwards, it has emerged.

Norkom, a world leader in open source solutions, announced that certain parties were in talks last Friday and since then its share price has jumped 20pc in early trading.

The company said talks were in the preliminary stage though they affirmed there was no certainty that an offer would materialise.