Avocent makes return to profit

THE main Irish unit of US IT firm Avocent returned to profit last year, recording $24.5 million (€17.1m) in pre-tax profits.

The turnaround for the Shannon-based Avocent International Ltd occurred in spite of revenues more than halving from $153.4m to $76.4m last year.

The company recorded a pre-tax loss of $25.2m in 2009.