Costigan joins Portuguese tech company

Entrepreneur Paul Costigan has become chief operating officer of a Portuguese technology company, almost two years after he sold his Dublin firm Massana for about €30 million.

21st May, 2005

Entrepreneur Paul Costigan has become chief operating officer of a Portuguese technology company, almost two years after he sold his Dublin firm Massana for about €30 million.

Costigan has joined Chipidea Microelectronics, a Lisbon firm that employs about 180 people and has just raised €12 million in venture capital funding. Chipidea licenses its microprocessor intellectual property (IP) to semiconductor companies worldwide.

It had revenue of about €15 million last year and is profitable. Costigan, who was...

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