Decawave, an Irish hardware chipmaker was acquired in January 2020 for $400m (€363m) by Qorvo. This was understood to be the biggest ever sale of an Irish Technology start-up. Qorvo is an American semi-conductor company that designs, manufactures, and supplies radio-frequency systems for applications that drive wireless and broadband communications, as well as foundry services. Decawave launched in 2007, whilst Qorvo was founded in 2015 in Greensboro, North Carolina, USA, and are both traded as part of NASDAQ and are included as an S&P 500 component. They have approx. 8,000 employees globally and in 2020 had a revenue of approx. $3 Billion with a net income of $330 Million. Qorvo currently has a net worth of $16.67 Billion. The Health Service Executive (HSE) is the publicly funded healthcare system in the Republic of Ireland, responsible for the provision of health and personal social services. It came into operation on 1st January 2005. Its current annual budget is €16.05 billion, with over 65,000 employees on their payroll. Sebela Pharmaceuticals are a pharmaceutical market leader who develop commercial drugs for patients affected by disease and focus on therapeutic areas of gastroenterology, colorectal cancer prevention, dermatology, and women’s health. Sebela Pharmaceuticals, a US-headquartered drug developer with a significant presence in Dublin, where its chief executive is based, has acquired Massachusetts firm Braintree Laboratories. They currently have a revenue of over $500 Million.
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