Digiweb ready for acquisition spree

Management hatching plans for even more expansion of both its Irish and European businesses

15th November, 2015
Colm Piercy, pursuing new deals. Picture: Fergal Phillips

Colm Piercy’s fast growing telecommunications firm Digiweb is set for an acquisition spree in the coming year.

Management are hatching plans for even more expansion of both its Irish and European businesses, a key investor in the ambitious Irish firm told this newspaper.

Digiweb last week sold the non-Irish assets of its subsidiary Viatel to American firm Zayo Group for $102 million (€95 million) and has bought up to ten companies recently, expanding...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Content is king – just ask Netflix as rivals attempt to steal its crown

Tom Maguire: Tax changes we make now could help business for years