Irish Web companies goes for €60 million

24th of February 2006 by admin was recently sold for a reported €60million (see sbpost)

From ENN… the papers 20 February
The paper also says that entrepreneur Sarah Newman stands to make up to EUR30 million from the sale of US firm Cendant is paying EUR30 million in cash for, with a further EUR30 million in earn-out payments if the Dublin company meets financial targets. Newman, who founded 11 years ago, owned almost 50 percent of the company.

check here for profile from E&Y

1st web2.0 exit for 2006….

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