US private equity firm Motive Partners has reached agreement to acquire a 40% stake in Cork-based specialist technology company Global Shares for an estimated $25m (€21.3m).

Peter O’Dwyer casts an eye over the nominated firms in the emerging category in the Cork Company of The Year Awards 2016.

Cork software company Global Shares yesterday announced a three-year expansion plan that will create up to 80 additional roles at its headquarters in Clonakilty, West Cork.

80 new jobs are being created at a software company in Co Cork.