Home-grown companies secure lucrative Silicon Valley deals

MULTI-MILLION-EURO deals have been attained by Cork and Limerick firms in California’s Silicon Valley.

Powervation, established three years ago and based in Limerick, also announced that it is setting up an office in Palo Alto, California, as part of a €7 million expansion package.

The company, based at the National Technology Park, said it will use the US office to market its digital energy controllers to major technology firms in the valley.