support
Send this page to a colleagueData quality news
Irish data management firm attracting bids
Mar 14 2008, 17:39 PM
Horizon Technology has been approached by an unnamed company for a takeover bid that would put its value at €1.18 a share.
Among the firms rumoured to be interested in acquiring the Dublin-based firm is Computacenter and Specialist Computer Holdings, according to the Financial Times.
Should a bid at that level be successful, it would value Horizon at €97 million. A statement from the board in relation to the offer urged shareholders to be aware it is early days.
It said that "the approach is preliminary in nature and is subject to a number of conditions", adding that "no assurances can be given that a formal offer will be forthcoming or that any transaction will occur".
The company's founder and chairman Samir Naji stands to benefit most from the sale as he holds a 38 per cent stake, the Irish Independent reports.
See the different elements needed to deliver strong data quality
Related articles...
-
Getting to know your data
- Feb 27 2012, 16:23 PM Turn captured data into revenue
-
MDM is 'enhanced' by data quality best practices
- Feb 24 2012, 16:30 PM MDM level of success increased when data quality best practices adopted
-
Internet companies would be 'nuts' not to invest in Ireland
- Feb 22 2012, 16:33 PM Dublin becoming the capital of big data
For more data news, you can choose a category of your choice using the filter functionality on the right hand menu
