Asidua beats the dotcom blues

In 2002, when Dr Steve Brankin founded Asidua in Belfast, he was not particularly confident that the software consultancy firm would reach its first birthday.

Ian Kehoe - avatar

Ian Kehoe

14th October, 2006

In 2002, when Dr Steve Brankin founded Asidua in Belfast, he was not particularly confident that the software consultancy firm would reach its first birthday.

With the technology market sufferingt he after-effects of the dotcom bust, investor confidence was low.

Brankin, who had formed Asidua from an management buyout (MBO) of Fujitsu’s research operation in Belfast, estimated the firm’s chances of surviving the first year at less than 30 per cent. ‘‘It was an enormous risk,”...

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