Company backed by Desmond and Harrington wound up

Pádraig Harrington and Dermot Desmond: key investors in software firm

GoS Networks, a promising mobile software company where billionaire Dermot Desmond and golfer Padraig Harrington were key investors, has wound up after more than a decade.

“We met and discussed the situation fully with the investors and agreed fully to bring things to an end,” former chief executive John Power said.

Investors including Desmond’s IIU and Harrington put at least €8 million into the company.

“Advances in Android mobile phone device technology moved ...