Friday November 19 turned out to be a phenomenal day of sales for O’Donnellan & Joyce with a wide range of properties going under the auction hammer in the company s live stream auction, and all properties selling in under an hour. Colm O’Donnellan took to the podium at the auction which was viewed live by more than 4,000 people from the comfort of their own homes and offices across Ireland and around the world.
To acquire cloud cyber security tech firm Z Services HQ DMCCAGC Networks announced that Black Box Holdings, Indirect Wholly-Owned Subsidiary of AGC Networks, has entered into a Share Sale Agreement with Z Services Holding, a BVI business company incorporated in the British Virgin Islands on 11 March 2021, to acquire 76% of shares of Z Services HQ DMCC (Target Company being limited liability company incorporated under laws of Dubai Multi Commodities Center), for total consideration of approx. USD 3.94 million, payable at the time of closing.
The said acquisition is anticipated to be completed within 60 days of signing the share purchase
agreement.
The said acquisition of Target Company will help AGC to strengthen presence in Middle East region and also add cloud cybersecurity capabilities to offer wider range of services to its customers.