Technology
Big Read: Why mega deals like Cubic are becoming a pipe dream for Irish start-ups
Irish start-ups are enduring a period where funding has dried up, making scaling and exits next to impossible. We ask the experts and those with skin in the game what is happening
It isn’t often you get to hear about how life-changing a big deal can be for a company’s employees.
But at an event held in Dublin last week, Barry Napier, chief executive of Cubic Telecom, which recently sold a majority stake in the business to Japanese conglomerate SoftBank in a €473 million transaction, got emotional.
“An employee texted me the other day to tell me she had just paid off her mortgage in full,” Napier ...
