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Figure marks a 94 per cent discount of $50 million invested by Data Republic.

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...

by Stephen Chapman Australia-based IXUP has acquired DataPOWA in a deal which values the sports technology specialist at £9.8m. DataPOWA offers specialist data and technology services to the global sports market and was founded by Michael Flynn, formerly of Fast Web Media in Manchester. “We are excited to be working with the IXUP team with a focus on the aggressive commercialisation of the POWA index and POWA index 2.0, our joint technology offering, which is already gaining market traction, adoption and interest with key international customers and has created a world first in the sport...