Networking firm grows revenue

Newbridge Networks, the Canadian networking company headed by Irishman Mr Pearse Flynn, says revenue for its fourth quarter is…

Newbridge Networks, the Canadian networking company headed by Irishman Mr Pearse Flynn, says revenue for its fourth quarter is expected to be more than $600 million.

The company, which employs 24 people at its logistics and distribution centre in Shannon, will be acquired by Alcatel later this month subject to approval by Newbridge shareholders.