Dublin-listed Norkom, which specialises in financial crime and compliance software, has bought US company Digital Harbor in a deal which could be worth up to $36.5m (€26.6m).
Norkom also said today it has raised proceeds of €15.5m via a share placing today.
Goodbody Stockbrokers said this evening that 8,140,000 ordinary shares have been placed at a price of €1.90.
It said that application will be made for the placing shares to be admitted to the AIM and IEX markets of the London and Irish Stock Exchanges.
Digital Harbor, based in Virginia, provides compliance technology to North American financial institutions.
It had revenues of $7m for the year to the end of June. It made a loss of $3.2m.
The deal will add two research and development centres in the US and one in India to Norkom's business.
The total price Norkom is paying includes $3.5m which is dependent on certain performance targets.
