Deals done this past week


19 Jul 2010

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An overview of the week in deals in the Irish technology sector, including the announcement of US$5m in new US deals struck during Taoiseach Brian Cowen’s economic visit to the US last week.

Irish companies strike US$5m in US deals

Irish technology firms dominate the announcement of new US deals totalling US$5m, all of which were struck during the course of Taoiseach Brian Cowen’s three-day economic visit to the US this week.

Among those firms announcing new US contracts was Ireland-based Accuris Networks. The company, which specialises in roaming interworking and device management technology, inked a deal worth a combined value of US$2.7m with three leading US wireless services providers. 

Cloud start-up signs partnership with Emerging Group

Cloud computing service provider Fort Technologies has just signed a partnership agreement with managed IT services firm Emerging Group to supply it with the management interface for designing entire IT environments.

This partnership agreement means that customer data is securely hosted on Fort Technologies‘ platform and the data is kept in a data centre within the customer’s legal jurisdiction.

First Derivatives signs software licensing deal with Algorithmics

Specialist Irish software company First Derivatives has signed an agreement with Algorithmics Inc, licensing the use of a First Derivatives’ capital markets software product.

Under the terms of the agreement, Algorithmics will license First Derivatives’ Delta Reference Data Factory (RDF) as the reference data engine with its risk management systems.

Delta RDF is First Derivatives’ open platform product for managing reference data.

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