Calyx buys Convergent Systems Ireland
Information and communications technology company Calyx has bought communication solutions firm Convergent Systems Ireland Ltd (“Convergent”) for €600,000 cash.
Calyx offers ICT network design, sales, installation, training and support and recently completed a successful Placing and Admission to the AIM.
Convergent was set up in December 1999 and delivers consultancy, project management, installation and support of voice and data products to a wide range of business sectors. The Convergent client base includes Citigroup, One Direct, American Holidays, AVX, Micros Fidelio, Dublin Tourism, Sportingbet Ireland, Accenture and Norfolkline.
For the year to end August 31, 2004, the most recent year of which audited figures have been published, Convergent had revenues of €1.3m, EBITDA of €250,000 and gross book value assets of €660,000m.
