Hi-tech teen brothers net €3m in sale of company

TWO Limerick teenagers became the country’s latest millionaires yesterday after selling their internet company in a deal valued at €3 million.

Hi-tech teen brothers net €3m in sale of company
Thu, 27 Mar, 2008 - 00:00
Niamh Hennessy

Brothers Patrick, 19, and John Collison, 17, neither of whom have yet completed the Leaving Cert, finalised the sale of their company Auctomatic ! to Canadian firm Live Current Media on Good Friday.

The company, which manages eBay accounts, was founded by the brothers in February last year.

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CourtsPlace: LimerickPlace: Silicon ValleyPlace: VancouverPerson: PatrickPerson: John CollisonPerson: HarjPerson: Kul TaggarPerson: Chris SaccaPerson: Paul BuchheitPerson: KerryPerson: JohnOrganisation: Auctomatic !Organisation: Live Current MediaOrganisation: eBayOrganisation: Y CombinatorOrganisation: GoogleOrganisation: AuctomaticOrganisation: Dublin Tutorial CentreOrganisation: Castletroy College
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