BT Ireland buys IT company

TELECOMS group BT Ireland has acquired the Dublin-based IT services company Cara.

The deal, believed to be in the region of €25 million, will create one of the largest networked IT services companies in Ireland.

Cara was originally part of Aer Lingus and employs 134 people in Dublin, Cork and Belfast and provides consultancy, design and management of IT systems. They generated revenues of €38m last year.