Saturday August 8, 2020

Duolog snaps up British design automation firm

Chip design solutions firm Duolog has become the first Irish high-tech company to get involved in the mergers and acquisitions market this year, with its purchase of British based design automation company Beach Solutions.

24th January, 2009

Chip design solutions firm Duolog has become the first Irish high-tech company to get involved in the mergers and acquisitions market this year, with its purchase of British based design automation company Beach Solutions.

The Nova UCD-based firm declined to reveal the consideration paid for the company because of confidentiality clauses in the contract, but chief executive Ray Bulger said that it was a combined cash and equity deal with earn-out provisions built in.

Originally...

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