herald

Tuesday 21 November 2017

$27m sale of tech firms

TWO Dublin-based technology firms have been acquired by US-based Lufkin Industries in a multi-million euro deal.

The price of Datac and RealFlex's acquisitions is estimated to be around $27m.

The main beneficiary of the sales will be Datac founder and majority shareholder Cyril Kerr, who is 60 years of age.

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