Deals done this past week


15 Aug 2011

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An overview of the week in deals in the Irish technology sector.

Telecity Group buys Data Electronics for €100m

Irish data centre company Data Electronics has been bought by Telecity Group for £87.6m (€100m) in cash.

Data Electronics is one of Ireland’s largest providers of data centre services. It recently made an investment in increasing capacity at its two data centres near Dublin and finished a €15m expansion of an eco-friendly data centre in north Dublin.

Michael Tobin, CEO of Telecity Group, said Data Electronics has strong growth potential and noted there is significant local, national and international demand for high quality, connected data centre services in Ireland.

“The combination of Data Electronics and Telecity Group creates a platform both to capture this demand and also to fulfil growth requirements of our existing customers in Dublin,” he said. 

Maurice Mortell, CEO of Data Electronics, described the acquisition as an exciting development for his company. “With greater combined resources, talent, technology and infrastructure we’ll be able to deliver even more opportunity and value to our customers,” he said.

Mortell said he will remain with the company to lead the combined Irish operations.

Havok to acquire Trinigy

Irish middleware company Havok has entered into a definitive agreement to acquire 3D game engine provider Trinigy.

A range of games and simulation companies have used Trinigy’s Vision Game Engine, which is available on all major platforms.

With the addition of the Vision Engine, Havok’s modular technology portfolio now expands to include a full line of production tools, including rendering capabilities.

The integration of Havok technologies with the Vision Engine will provide a powerful and customisable platform that will enable teams to deliver compelling content and experiences across multiple devices and operating systems.

The transaction is expected to close by mid-August. Once completed, Havok will integrate the two companies’ development teams, operations and customer support organisations.

The Trinigy Vision Engine will be re-branded and known as the Havok Vision Engine.

Bord Gáis Energy picks Natural Power to manage wind farms

Renewable energy consultancy Natural Power is to deploy its WindCentre service and in-house developed software solution to remotely manage the 13 Bord Gáis Energy (BGE) wind farms in Ireland.

Natural Power will manage the daily operations of BGE’s wind farms using WindCentre, its monitoring, management and control service that has been developed in-house.

Operated by site engineers, WindCentre is a 24-hour control room service that is facilitated by a purpose-built software solution for health and safety management, work order recording and access control, which the company says are all in line with industry best practice, such as the RenewableUK wind turbine safety rules.

As well operations management, WindCentre will also perform remote operation and reset on some of the turbines within Bord Gáis Energy’s portfolio.

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