Thursday October 1, 2020

Intel appoints receiver over Altobridge

US tech giant Intel has moved to appoint a receiver over Altobridge, the Kerry-based telecom equipments company.

1st June, 2014

US tech giant Intel has moved to appoint a receiver over Altobridge, the Kerry-based telecom equipments company.

Jim Luby, of McStayLuby, was installed as receiver late last week by Intel, which invested in the Irish company. It is likely that the company’s assets will be put up for sale in the coming days.

In 2011, Altobridge raised $12 million (€8.6 million) in investment funding from Intel Venture Capital and IFC, the venture capital...

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