Big surge in number of .ie sites on the net
THE number of registrations for the .ie internet domain extension exceeded 10,000 in the first quarter of 2011 -- the first time the 10,000 figure has ever been breached in a single three-month period.
The IE Domain Registry said 10,183 .ie domains were registered in the first three months of the year, up 5.5pc year on year and up 18.5pc compared to the last quarter of 2010.
Nanotech is sold off for $34m
UK fabless chip designer Nanotech Semiconductors --a portfolio company of the Dublin-based private-equity group Atlantic Bridge -- has been sold for $34m (€23.7m), with a potential earn-out of up to $6m. Atlantic Bridge, which was founded by Brian Long, originally invested in Nanotech in 2004.
Firms fear impact of interest rate rise
MORE than a quarter of Irish companies believe an increase in interest rates will have a significant impact on business, according to a survey that was released yesterday -- before the ECB's decision to raise rate. Three-quarters of firms said the hike would have some negative impact on their business, according to the KBC Bank/Chartered Accountants Ireland survey.
Chambers call for spending on services
CHAMBERS Ireland yesterday said greater planning and pricing certainty in Ireland's infrastructure was needed to attract investment here. Speaking after the launch of the report 'Strategic Infrastructure Planning: Making It Better', Chambers CEO Ian Talbot said water, energy, transport, telecoms and waste all required continued investment and modernisation.
Stena is cleared to acquire competitor
THE Competition Authority has cleared Stena Line to acquire parts of DFDS, which operates on the Belfast-Heysham and Belfast-Liverpool routes, after the completion of an investigation.