News

RTÉ unit banks €3.7M from sale of VT Networks stake

What's the deal? An RTÉDealroom has a profile for this one. Try Dealroom → subsidiary has sold its stake in Dublin technology company VT NetworksDealroom has a profile for this one. Try Dealroom → to a US multinational, netting €3.7 million (about $4.2 million). The transaction is structured as an acquisition and was announced in September 2026.

What's the endgame? The sale converts the state broadcaster's holding in the tech firm into cash, exiting an investment for a defined return.

The signal: The deal marks another instance of a US multinational absorbing an Irish technology company, reinforcing Ireland's role as a hub for cross-border tech acquisitions.

Read more: independent.ie

Image credit: infomatique

More top stories