Challenge to sale of O’Brien and Desmond-backed firm

Dermot Desmond
Denis OBrien

The $125 million sale of a Nasdaq-listed video technology company that counts Denis O’Brien and Dermot Desmond as investors is being challenged by another shareholder.

The two billionaire Irish businessmen backed Californian firm Envivio through Dublin-based Atlantic Bridge Ventures, the fund founded by tech tycoon Bill Long.

Envivio has agreed to be acquired by Ericsson ...