Global Corporation acquires TSSG Spin Out Feedhenry

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Pictured: Cathal McGloin, CEO of Feedhenry and Craig Muzilla, senior vice president, Application Platform Business, Red Hat

Pictured: Cathal McGloin, CEO of Feedhenry and Craig Muzilla, senior vice president, Application Platform Business, Red Hat

Dr Ruaidhrí Neavyn, President of Waterford Institute of Technology (WIT) welcomed the announcement that a leading global corporation has acquired FeedHenry.

Dr Ruaidhrí Neavyn, President of Waterford Institute of Technology (WIT) welcomed the announcement that a leading global corporation has acquired FeedHenry. FeedHenry, a spin out of WIT’s Telecommunications Software & Systems Group (TSSG), is a global leader in cloud based mobile enterprise application platforms.

Commenting on the announcement Dr Neavyn stated “This a very significant milestone for FeedHenry, TSSG, WIT and indeed Waterford. This investment by a major software multinational in FeedHenry is a critical validation of the quality of the Company’s innovative technology, its management and staff.

“The talent of the FeedHenry team has been instrumental in the success and growth of the company in global markets”, states Cathal McGloin, CEO of Feedhenry.  “This, and our strong technology vision were key to this incredible milestone. I am proud of the dedication and leadership that has positioned what was a small Irish startup as a leader in the global market for enterprise mobility solutions.”

Dr Neavyn continues, “Given FeedHenry’s origins as a spin out of TSSG, this news is also a powerful endorsement of TSSG’s capacity as an international centre of excellence capable of translating its research into high value products and services. The investment is hugely significant for Waterford and the South East and further serves to build on the development of a mobile services cluster in the region. It is a clear example of the very powerful impact which WIT and TSSG has as a leader, innovator and driver of growth regionally, nationally and internationally.

“On behalf of the Institute, I would like to wish the FeedHenry team well in the next phase of its development and look forward further embedding our already strong connections with the Company.”

Further details on the announcement are available on http://henr.ie/1mfjtLx


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