Calyx enters British market with €3.68m deal

IRISH technology group Calyx has bought British-based IT services firm ITS for €3.68 million.
Thu, 27 Oct, 2005 - 01:00
Brian O'Mahony, Chief Business Correspondent

This deal follows the purchase last week of Cork based QCL for €1.3m and is part of the group’s policy of strategic growth through bolt-on acquisitions.

Calyx is listed on London’s AIM market and will pay for the business through cash and shares.

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Place: CorkPlace: LondonPlace: IrelandPlace: BritainPlace: Northern IrelandPlace: DublinPlace: LimerickPerson: Maurice HealyOrganisation: CalyxOrganisation: IrishOrganisation: ITSOrganisation: QCLOrganisation: ITS Technology ServicesOrganisation: CiscoOrganisation: NortelOrganisation: MicrosoftOrganisation: Alphyra Group PlcOrganisation: AlphyraOrganisation: St Ives Group PlcOrganisation: Associated Newspapers LtdOrganisation: Daily MailOrganisation: General Trust
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