Cork cybersecurity firm prepares for UK listing through €39m reverse takeover

Deal would allow Smarttech avoid the process of an initial public offering

Ronan Murphy of Smarttech247 said the public listing would enable them to continue to drive the business forward "to the next level." Picture: Michael O'Sullivan

Cork cybersecurity firm Smarttech247 is set to be listed on the London Stock Exchange's Alternative Investment Market (AIM) if a €39m deal with Conduity Capital is completed.

Headed by Ronan Murphy, Smarttech247specialises in threat detection, security monitoring and incident response to combat security intrusions for companies and has offices in Cork, United Kingdom, Romania, Poland and the US.