Business Irish

Friday 15 December 2017

Little moves on from Aepona

Keep moving. That seems to be one of the principles of technology entrepreneur Gilbert Little and his crew.

The businessman has just resigned as a director of Dublin-headquartered telecoms software firm Aepona, which has its operational base in Belfast.

The Irish Independent revealed back in March that the company had been sold for around $120m (€93m) to chip giant Intel, although the behemoth denied it at the time. It was one of the largest ever sales of a technology firm on the island of Ireland.

New filings with the Companies Office reveal Mr Little resigned effective in April as a director of Aepona as the bods from Intel came on board following the purchase.

Other Aepona directors also resigned, including financial officer Michael Black, chief executive Allen Snyder and Brian Caulfield, who's a partner at London-based private equity firm DJF Esprit, one of Aepona's backers.

Mr Caulfield was previously a partner at Trinity Venture Capital and founded firms including Exceptis Technologies and Similarity Systems.

Among those on board now at Aepona is Ronald Dickel, a director of trade and tax at Intel, and Barry Patton, also of Intel.

Irish Independent

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