Pre-tax profits at the Irish arm of software firm, Novell Software dropped by 46%, to $50m (€44.3m), last year in spite of revenues increasing.

Pre-tax profits at the Irish arm of software firm Novell Software almost tripled to $93m (€68.9m) last year.

The performance of the Irish arm of software firm, Novell Software, continued to improve last year recording pre-tax profits of $32.3m. (€23.9m)