Page 7 - Gray Coyle News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Cork tech company Everseen, which is backed by several high profile Irish business figures, is suing Walmart in the US, alleging the retail giant stole its technology to build a competing product. Everseen develops technology using artificial intelligence to improve efficiencies at self-service checkouts, such as spotting irregularities like items not scanning. The company, which is valued at over €100mm sells the technology, called ‘checkout process intelligence’ (CPI), to retailers as a means to reduce theft in stores. Walmart was one of its most high profile customers. In a lawsuit f...

Ray Coyle, the Tayto owner Power Capital Renewable Energy, the solar energy company being acquired by a French infrastructure fund, has delivered a shining return for Tom Kennedy, the Hostelworld founder and Ray Coyle, the Tayto owner, details of the deal show. The company is being bought by Paris-based Omnes Capital for an initial consideration of around €15 million plus a potential future earn-out, a source with knowledge of the deal said. Other beneficiaries include Dalkey financier Barry O’Sullivan, an... Subscribe from just €1 for the first month! Exclusive offers: