Technology
Shareholders in embattled Datalex join Dermot Desmond in bid to bolster airline software company
Businessmen Sean O’Driscoll and Nick Furlong have rowed in behind billionaire Dermot Desmond this week to make fresh finance available to airline software company Datalex, which delisted its shares last month after a number of troubled years that included a major accounting scandal. Mr Desmond, who was an existing shareholder in Datalex, first provided it with millions of euro in emergency debt and equity finance in 2019 following a crisis at the firm that included its 2018 accounts being queried.