Ergo to buy Limerick IT firm Asystec for €25m

Asystec provides data storage services and other IT solutions. The firm has 50 employees and revenues of €40m.

Ergo CEO Paul McCann. Picture: Maura Hickey.

Dublin-based IT company Ergo has announced its biggest deal to date by agreeing to buy Limerick-based firm Asystec for €25m.

The acquisition, which is subject to clearance by the Competition and Consumer Protection Commission, would create the largest privately-owned Irish IT services company in the country with over 500 IT professionals across Ireland, the UK and North America.