TNS Distribution opens new offices in Sydney and Singapore

TNS Distribution has announced its expansion into the Asia Pacific region by opening offices in Sydney and Singapore. Based in Dublin, TNS Distribution has global operations with bases in the UK, Germany, France, Singapore, Sweden, Australia, Spain and China. It is a trade only distributor of consumer electronics and accessories for Apple products. The company has also started to offer services using PCH International entities in mainland China, Hong Kong and Japan. PCH International acquired TNS Distribution in June 2011. “We have developed a highly successful and sophisticated business model in Europe which we can now offer to our global retail partners for the Asia Pacific region,” said John McHugh, co-founder of TNS Distribution . Ivan Eustace, co-founder…

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Trust in government up 15 points to 35pc – Edelman survey

Overall trust in government in Ireland has risen 15 points to 35pc over the last year, while trust in banks has risen by three points to 9pc, according to the Irish findings of the 2012 Edelman Trust Barometer. The survey of trust in institutions across 25 countries and 30,000 people reveals that globally, trust in government now stands at 43pc, down 9pcc. This is the largest global fall in government in 12 years. Overall levels of trust in Ireland improved very marginally over the past 12 months, rising two points to 41pc. While Ireland was previously the least trusting country globally, trust is now lower in Germany, Spain, Japan and…

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US Medical Giant ResMed Buys BiancaMed in All-Cash Deal

US medical giant ResMed

San Diego-headquartered medical device manufacturer ResMed has acquired UCD spin-out BiancaMed in an all-cash deal. Original investors including DFJ ePlanet Capital and Enterprise Ireland are believed to receive a significant premium on their €11m investment in the company. BiancaMed is one of an emerging generation of young Irish medical device companies who are developing breakthrough technologies. It has developed a contactless, accurate device to measure sleep and breathing and combat deaths arising from the sleep disorder sleep apnea. Dr Philip de Chazal, Dr Conor Hanley and Prof Conor Heneghan founded the company in 2003 to commercialise research that emerged from the UCD School of Electrical, Electronic and Mechanical Engineering. The company employs…

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AirSpeed Telecom sets sights on Europe for growth

Over the past 18 months AirSpeed Telecom has achieved 40pc revenue growth and taken on 12 new staff, according to CEO Liam O’Kelly, who was the winner of the RSM Entrepreneur of the Year Award at the European Business Awards last May. A broadcast engineer by profession, O’Kelly had originally set up a company called Viscom, which built TV stations and broadcast facilities globally. By 2002, new radio technologies were emerging and he could see that these had the real potential to offer an alternative telecommunications system to businesses all over Ireland, including in remote regions such as Donegal, Kerry and along the west coast of Ireland. “The existing operators…

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Plan International selects Dublin’s Salmon Software for global treasury management system

Dublin-headquartered Salmon Software has won a contract to install its Salmon Treasurer treasury management system (TMS) at global charity Plan International. The system was selected after an international tender as Plan seeks to streamline its global treasury management and reporting across 50 countries. Plan International, which works to promote child rights and lift children out of poverty across Africa, Asia and the Americas, had been using spreadsheets to manage its cash, foreign exchange and branch funding. “We asked for expressions of interest from 19 companies,” said Annemarie Moore, group treasurer, Plan International Inc. “Following detailed questionnaires and demonstrations from five shortlisted companies we selected Salmon Software . Our selection team was made up of…

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Enet building ‘Ireland’s first fibre-enabled town’ in €500k investment

Open access network operator Enet is building ‘Ireland’s first fibre-enabled town’ in Claremorris, Co Mayo, involving a €500,000 investment in broadband infrastructure. Being launched at 3pm today, Enet Fibredirect brings fibre directly into every business in the town with services delivered over the network via AirSpeed Telecom . Supported by Claremorris Chamber of Commerce and Mayo County Council, is a genuine 100pc fibre service, with fibre optic cables being delivered directly into premises. Other so-called ‘fibre’ services connect to a local telecoms exchange or cabinet, but still rely on older copper networks to reach premises, resulting in a significant loss of performance, according to Enet. Construction of the new Enet Fibredirect network…

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NDRC set to pick 15 Launchpad participants

The National Digital Research Centre (NDRC) in Dublin is currently evaluating 70 Irish and international applications to participate in its Launchpad accelerator programme for digital start-up enterprises. The 15 most promising start-ups will be selected for the investment programme, which starts in mid-February and concludes with a year-end competition for a follow-on investment sourced from VCs and angels. NDRC will provide up to €20,000 per project in micro-seed investment to support the founders during the programme. After the current selection process, NDRC Launchpad participants will begin a three-month intensive mentoring and advisory programme, alongside other start-ups, innovators, engineers and investors.  At the end of this, the start-up promoters will pitch for follow-on…

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L’Oréal opens largest hair colour production plant in the world

L’Oréal largest hair colour plant

The L’Oréal Group is claiming to have opened the largest hair colour production plant in the world in terms of production capacity, in Mexico, with a $100m investment. The new factory will double the production capacity in Mexico and will supply both Latin America and North America. Focusing entirely on hair colour products, the 32,000 sq m facility is located in the Logistik II Industrial Park, in Villa de Reyes, State of San Luis Potosí. L’Oréal’s other production plant is located in Mexico City. “The L’Oréal Group has decided to open its new production plant in Mexico, since this is one of the most strategic countries for the group, a…

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Credit Union Group Gets License to Enable Electronic Payment Services

Electronic Payment Services for Credit Union Group

The Credit Union Service Organisation for Payments (CUSOP) has been granted a payment institution license by the Central Bank of Ireland that will allow credit unions to provide electronic payment services to members nationwide. The new service will allow credit union members to have payments from a bank, employer or social welfare office paid directly into their credit union account by electronic transfer. According to CUSOP, the service will be available to all credit unions in Ireland and will be rolled out to Northern Ireland credit unions in due course. Danske Bank has been appointed to provide the infrastructural support and services to enable the electronic payments using the Sepa…

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Euromedic Ireland Opening €1.5m Scanning Clinic in Meath Primary Care Clinic

Euromedic Ireland opening

Euromedic Ireland has announced the opening of a new €1.5m medical scanning clinic in Dublin city centre. The centre, which will be located in the new €6m Meath Primary Care clinic on the site of the former Meath Hospital in Dublin 8, will open in June and will offer access to MRI and ultrasound scans. The facility, Euromedic’s seventh in Ireland, will create five new jobs in the administration and clinical areas. “Since opening our first centre in Ireland in 2007, over one million people have received scans in our centres throughout the country,” said Euromedic Ireland CEO Colm Davitt. “Our partnership with Meath Primary Care demonstrates our firm commitment…

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