Irish technology company Norkom, which provides software to the financial services industry, has said it is in talks with 'a number of parties' which could lead to a takeover offer for the company.
The company's share price has been rising recently and was up almost 15% to €1.09 in Dublin this evening.
Norkom said discussions were at a preliminary stage and there was no certainty that an offer would be made.
Earlier this month, Norkom reported a sharp drop in profits for the six months to the end of September after a tough period in which revenues fell 8%.
