IXUP acquires collapsed Data Republic IP for $3M
Figure marks a 94 per cent discount of $50 million invested by Data Republic.
Source: arnnet.com.au
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ASX-listed software security company IXUP is buying Data Republic's $50 million tech platform for $3m
ASX-listed software security company IXUP is buying Data Republic’s $50 million tech platform for $3m Simon Thomsen - June 7, 2021 2 MIN READ Paul McCarney, co-founder of the failed tech startup Data Republic. ASX-listed data security company IXUP Ltd (ASX:IXU) has scored a software bargain from the administrators of failed tech startup Data Republic, buying the data exchange’s intellectual property and IT for just $3 million. The purchase price represents a 94% discount to the almost $50 million Data Republic spent building the platform. The acquisition came from a rapid-fire, con...
Source: startupdaily.net