Irish tech companies secure new deals worth $4m
Irish technology firms have recently secured new business deals in Silicon Valley worth almost $4 million, Mary Coughlan, the Irish Minister Minister for Enterprise, Trade and Employment, said Tuesday.
Ms. Coughlan was speaking from Palo Alto, California, on the first stop of a tour of the U.S West Coast , which will also take in San Fancisco, Los Angeles, Seattle and Portland.
The Irish companies announcing new deals include two County Cork-based companies.
Cubic Telecom, global mobile communications provider, is partnering with Qik, a Redwood City-based free social networking and video blogging service.
Documatics, a provider of advanced document-management software, sealed a deal to provide its platform to GE Sensing, a customer with headquarters in Boston. To support its U.S. presence, Documatics recently established an office in Los Angeles.
SensorPro, a Limerick-based provider of web-based online survey tools, is to partner with Redwood City-based StrongMail Systems.
“With a combined value of €3 million [almost $4 million],” the Minister said, “these deals reflect the steady growth and success of Irish companies in the U.S. market especially coming on the back the recent trade mission to the East Coast of the U.S when the Taoiseach [Irish Prime Minister] announced new sales for Enterprise Ireland client companies of over €100 million [$132 million].
“The diversity of Irish companies forging deals with U.S. partners and being recognized for their outstanding technology is highly impressive. From software services to semiconductors and alternative energy, Ireland continues to distinguish itself as a center of innovation excellence.
“I’m delighted to acknowledge the efforts of these companies and their teams. They are tremendous ambassadors of Irish business and I congratulate them on striking these lucrative deals in the U.S. market.”