Salmon Software’s €500,000 foray into South African market

John Byrne, chief executive, Salmon SoftwareJohn T Ohle

Company: Salmon Software

Done Deal:€500,000 investment in South African market

The clincher:“We would anticipate that we’d be generating revenues there of €2 million within two years” – John Byrne, chief executive, Salmon Software.

Salmon Software, the Irish-owned developer of treasury management systems, is investing €500,000 in a new Cape Town operation in a bid to tap into English-speaking markets in South Africa, Kenya and Nigeria.

Salmon opened its Cape Town office last September ...