Telecommunications company Eir has agreed to acquire Setanta Sports Ireland, the international sports broadcaster based in Ireland. The sum of the transaction is undisclosed. The company, which recently rebranded from Eircom,
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Motorola Solutions announced that it would acquire Airwave for £817.5 million. The Walkie-talkie and radio systems maker expects its net cash payment to be approximately £700 million at closing, based on purchase price
Audi has appointed a new chairman and a new development chief as Volkswagen’s flagship luxury division struggles to recover from an emissions scandal. The German carmaker has named Volkswagen Chief Executive
OPEC appeared unlikely to cut oil production to lift languishing prices at a meeting in Vienna on Friday, potentially worsening one of the worst crude gluts in history. Despite oil
LinkedIn, the social network for business people and professionals, is currently opening 100 positions in Ireland. Marking the fifth anniversary in Dublin today, LinkedIn announced that it is on course to
Richard Branson announced that a 747 jumbo jet will be adapted for use as a launchpad for a Virgin Galactic spaceship. ‘Cosmic Girl’, a former Virgin Atlantic airliner, will be
In November, at ABB’s Beijing factory the 10 millionth ABB low voltage drive rolled off the production line. The 10 millionth drive is going to Wuhan Guide Electric Co., Ltd.
Largest Irish convenience and fuel retailer, Topaz Energy Group, is to be acquired by the publicly quoted Canadian company Alimentation Couche-Tard. The two companies signed an agreement today that will
The beermaker Anheuser-Busch InBev NV is looking to sell the Peroni and Grolsch brands as it works to gain regulatory clearance over its planned acquisition of the world’s second largest
Microsoft’s Office 365 service has gone offline for many users in the UK and Europe on Thursday due to a problem with Microsoft’s cloud computing service, Azure. The issue has now
Ryanair has released a statement saying its passenger number grew by 21% to reach 7.71 million in November. This compares to 6.35 million the same month last year. The Dublin-based Ryanair carried
The European Union commission has opened a formal state aid investigation into allegations that fast food giant McDonald’s received a tax deal from Luxembourg six years ago. The case against
The National Asset Management Agency has announced further details of its plans to build commercial and residential developments in the Dublin. This project aims to deliver almost 4 million square feet
As part of Industry and Business TV we went along to DataCentres Ireland and spoke to a number of exhibitors, speakers and attendees all involved in data centres here in
A new €26 million world class geoscience research centre iCRAG has been opened at University College Dublin to focus on the discovery, de-risking and sourcing of raw materials. Minister for Skills,
GE Healthcare today announced a $40 million investment in its manufacturing facility in Carrigtwohill, Cork. Employment at the Cork facility, which currently stands at almost 500 people, is expected to
Ryanair announced that it had launched High Court proceedings against both eDreams and Google to stop them misleading consumers by advertising non-existent Ryanair fares via the eDreams website and Google
Mondelez International, the owner of the Cadbury chocolate brand, has hired bankers to explore the sale of a number of confectionery products and assets in United Kingdom, France, Spain and
UTV Media shareholders have approved the £100m sale of its television business to ITV. The Northern Irish firm announced in October that it had agreed to sell its television channels,
The global biopharma company, BMS, which focuses on helping patients prevail over serious illness, is growing operations, constructing a new manufacturing plant at the Cruiserath facility, Dublin. This will be
Zurich Insurance announced that chief executive Martin Senn was stepping down, with chairman Tom de Swaan immediately taking temporary charge of the Swiss insurer. After ten years with Zurich, six
Ireland’s manufacturing sector expanded in November, but growth moved at the slowest pace in 21 months according to Investec’s monthly Purchasing Managers’ Index (PMI). The Investec Manufacturing Purchasing Managers’ Index slipped
A leading worldwide private aircraft charter operator is establishing a base in Co Clare. Athens-based GainJet Aviation has begun the process of establishing its new Irish operation within Shannon Group’s
Valmet Automotive and Mercedes-Benz have announced that Valmet Automotive will start manufacturing additional units of the Mercedes-Benz GLC SUV at
Bakery equipment specialist Dowson Food Machinery is relocating to a new factory in Keighley, West Yorkshire, which will enable the
Balfour Beatty, the international infrastructure group, has been selected by Palace Revive Development Ltd to deliver the pre-construction services contract
Volkswagen will have to recall 2.46 million cars fitted with the illegal emission control software in Germany alone, newspaper Die
ARYZTA , the global food business with a leadership position in speciality bakery has reported a 6.1% increase in group
A Government action plan for jobs aims to create 28,000 extra jobs in counties Donegal, Sligo, Leitrim, Cavan, Monaghan and
Details of proposed Government investments to be made in Cork and Kerry will be outlined later today at a briefing
Origin Enterprises has reported a slower start to the 2016 financial year for the seasonally quiet first quarter, but the Group
Allied Irish Banks, p.l.c. (AIB) today successfully agreed to issue €500 million fixed rate resettable T1 perpetual contingent temporary write-down
Enterprise Ireland has ranked third in the world for its seed investment activity, following San Francisco-based SV Angel and french
NTR plc reported a profit of €72.6 million for the first half of the 2016 financial year as part of
Irish shoppers are expected to spend €100 million (or €4 million an hour) on Black Friday, but only 35% of
Online publisher Maximum Media announces it’s to hire 42 new staff over the next 12 months. Dublin-based Maximum Media, behind the
Tesco will pay $12m to settle legal action by US shareholders which claimed last year that accounting irregularities inflated the
Ryanair held on 25th November its annual European Works Council meeting in Dublin where it announced that it had concluded
Penney’s has opened its second US store in Philadelphia, under the brand name Primark. The store, located at the King of
Eir – formerly Eircom – posted a second consecutive quarter of revenue growth and a third consecutive quarter of EBITDA
Recruitment company CPL Resources announced the creation of 200 skilled, operational roles across the Group’s extensive branch network in the
A partnership between Google and the professional services firm PwC is to establish an Innovation Lab or “hive”at PwC’s Northern
Trinity College Dublin’s CONNECT Centre has signed a deal to begin a €1m telecoms research project, O’SHARE, to help people
A new report from KPMG has found that deploying solar PV technology to power Irish homes and businesses could support
This Thursday marks the last official engagement of Dr. Brian Motherway as CEO of SEAI before he departs to take
Minister for Skills, Research and Innovation, Mr Damien English TD, today announced funding of over €11 million to the Energy
Leading Irish law firm William Fry has announced it is opening an office in San Francisco in 2016. This move
London-headquartered Deliveroo, the on-demand restaurant delivery service, said on Tuesday that it has raised $100 million to fund further expansion
Greencore, the Irish-based food-to-go company, has reported a 13.5% increase in pre-tax profits for the year to the end of September.
Carlyle Cardinal Ireland (CCI), the Irish private equity fund announced that it has finalised the terms of an investment in
Pfizer’s deal to buy-out Allergan was formally announced yesterday the 23rd November, it will be one of the largest corporate takeovers in
Ms Jan O’Sullivan TD, Minister for Education and Skills, formally launched an expanded Lero, the Science Foundation Ireland Irish Software
Galway-based medtech company Aerogen has announced it plans to create 20 jobs in 2016. Aerogen just recently won the 2015
Team Horizon, the global life-science services firm, has expanded its global footprint with the announcement of a new office in
French investment firm Eurazeo has said that it plans to pay up to €335m to buy 90 percent of Irish
Minister for Jobs Mr Richard Bruton has announced a joint investment of €10 million by the Department of Jobs, Enterprise
Voxpro and Bon Secours hospital are expected to make two big job announcements today in Cork. Voxpro has been in
Pfizer is in talks to acquire Allergan in a $370 to $380 deal for each Allergan share, the global drug industry’s