Deecal, a Dublin technology company backed by financier Dermot Desmond, has been bought by First Data, the US payments firm.
Financial terms of the deal have not been disclosed, but First Data is understood to have paid several million euro for Deecal, which makes software for electronic payments. The main beneficiary of the deal is Desmond’s International Investment and Underwriting company (IIU).
Des Cahill, the founder and managing director of Deecal, was also...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team