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Business – Silicon Republic

IBM to spend $10bn on quantum over five years EU fines Temu €200m for failing to prevent the sale of illegal products Europe rates highly with Dealroom for tech ecosystem density Cork employee experience firm Poppulo bags France’s Sociabble Dropbox founder Drew Houston steps down after 19 years at helm Micron, SK Hynix hit $1trn valuation amid AI chip demand Netherlands blocks Kyndryl’s Solvinity acquisition Opinion: AI transforming how tenders are written but not how they're evaluated Report: Google to receive highest DMA fine over its Search practices Bloomberg: Prosus asks EU to drop forced sale of Delivery Hero stake Cork’s Republic of Work to launch Celtic Link with partner CodeBase Kyran O’Mahoney on the accessibility gap and a new AI tool to solve it WhatsApp ads could make Irish debut after discussions with DPC SpaceX files publicly for what could be largest IPO in history Nvidia posts record $81.6bn Q1 amid AI infrastructure boom Expedia acquires Dublin’s CarTrawler to expand B2B offerings AIB, Bank of Ireland join group pushing for euro stablecoin Roughly 350 Irish employees reportedly impacted by global cuts at Meta Analog Devices buys Empower Semiconductor in $1.5bn deal Samsung strike talks collapse with chip supply chains in the balance Google launches 'biggest' Search revamp in 25 years with Gemini ‘It’s funny, I went from admiring tech companies to helping found one myself’ Irish business leaders more likely than European peers to value empathy in AI Meta reportedly reassigns 7,000 jobs ahead of mass layoffs Samsung strike talks closing as global chip supply chains at risk France's Publicis bags LiveRamp for $2.2bn in agentic push Can EU AI Act actually regulate models like Mythos? Pharmaceutical Takeda to cut 4,500 from global workforce Anthropic sets sights on small business after enterprise push Cerebras Systems IPO set to raise more than $5.5bn LinkedIn announces layoffs: 78 Irish jobs reportedly at risk SETU gets new €11.5m IBM system to boost skill development Meta opens WhatsApp to rival AI chatbots to steer clear of EU ire Alphabet’s Isomorphic Labs raises $2.1bn in Series B funding Anthropic upcoming raise could value it above OpenAI – reports Carmaker GM, coding platform GitLab plan hundreds of job cuts AI layoffs do not result in returns for companies, finds report Quantinuum files for IPO as quantum stocks gain popularity Cloudflare cuts headcount by 20pc for leaner, AI-powered workforce Quantexa opens new Dublin office and R&D centre Major European markets still lagging on salary transparency, finds report Anthropic joins forces with SpaceX for Colossus capacity Coimisiún na Meán opens investigation into Meta’s content promotion Dublin’s GridBeyond to support energy efficiency with new global headquarters Coinbase cuts 14pc of jobs to save costs and embrace AI National research partnership to examine flexible work and Ireland’s economy Anthropic, Blackstone, Goldman Sachs to create AI services company Meta bags Assured Robot Intelligence to further humanoid plans Spotify unveils verified badge to distinguish humans from AI Dublin’s Version 1 to acquire CreateFuture consultancy Apple posts ‘best March quarter’ with iPhone sales up 21.6pc Cork HQ for new onshore renewables company Perigus Energy Meta, Microsoft, Amazon and Alphabet post positive quarterlies Oracle reportedly cutting up to 150 Irish jobs The Leaders’ Room: Boston Scientific’s Sean Gayer on a meaningful mission EU finds Meta not doing enough to keep underage users at bay TSMC $231m share sale marks full exit from UK chip designer Arm Datavant opens new global R&D centre in Galway’s Bonham Quay Revolut plans a physical store in Barcelona Report: Meta to undo Manus acquisition after Chinese block 700 fear job cuts at Meta contractor Covalen China blocks Meta’s $2bn Manus acquisition After Amazon, Google commits up to $40bn in Anthropic Bloomberg: Bezos’ Project Prometheus bags $10bn at $38bn value Meta to lay off 10pc of its workforce amid an AI push Intel’s shares soar as Q1 results signal brighter future OpenAI taps Airbnb exec as first EMEA managing director EAM platform Blue Mountain acquires Cork’s CompuCal Calibration Solutions SpaceX agrees right to buy AI coding darling Cursor for $60bn Amazon investing up to $25bn in Anthropic AI infrastructure deal Tim Cook passes Apple leadership to hardware head John Ternus AIM Centre strengthening medtech and life sciences link with new Galway base Kerry Group expands Cork facility as lactose-free demand grows Netflix shares fall on Q2 forecast as co-founder Hastings steps aside The Leaders' Room: Equinix's Peter Lantry on powering Ireland sustainably ‘No more excuses’ as EU launches free age verification app Snap cuts 16pc workforce to prioritise AI and savings Amazon buys Globalstar to bolster Leo's satellite capabilities ASML forecasts €36bn in 2026 net sales amid AI race chip demand Klaviyo building out its engineering team at Dublin facility UK neobank Monzo makes Irish launch after US market exit Meta to pay CoreWeave $21bn for additional cloud capacity Digital rights group EFF leaves X Alibaba leads $293m round in Chinese AI start-up after HappyHorse reveal OpenAI pauses Stargate UK over energy costs US court won't pause Anthropic ban, but wants case expedited FT: Bezos's Project Prometheus taps xAI co-founder Kyle Kosic Irish Government approves ‘next-generation sites’ for industry OpenAI purchases online tech talk show TBPN Capacity and speed: Why TikTok shelved its second Irish data centre SpaceX confidentially files for US IPO – reports Intel repurchasing 49pc stake in Leixlip chip factory for $14.2bn Manna, Neurent, Sisterly among EY Entrepreneur of the Year finalists Apple turns 50: 8 of the company's biggest tech milestones OpenAI closes larger than expected funding round of $122bn Oracle cutting thousands of jobs in round of layoffs – CNBC Wearables company Whoop raises $575m in Series G round West Pharmaceutical opens expanded Dublin manufacturing site Musk’s last xAI co-founder quits before SpaceX IPO: reports Bloomberg: Apple to move away from ChatGPT exclusivity for Siri
Meath ITAD provider ICT acquired by US recycling firm Paladin
2026-04-08 · via Business – Silicon Republic

The Meath-based company will be relocating to Paladin’s new 52,000 sq ft processing facility in Dublin.

Florida-headquartered critical materials recycling firm Paladin Envirotech has acquired Co Meath’s ICT, a 2003-founded IT asset disposition (ITAD) services provider. Terms of the acquisition were not disclosed.

This is the second European company Paladin has acquired since forming in 2025, bringing the company’s total spend on acquisitions globally to €60m.

ICT’s acquisition is expected to help Paladin scale secure critical mineral recovery in Europe. The Meath company has processed more than 2,000 tonnes of end-of-life electronics and has securely shredded more than 500,000 data-bearing devices in the past year alone.

ICT provides mobile, on-site data destruction via its shredding vehicles equipped with industrial-grade systems, alongside a full suite of services including IT asset remarketing, certified destruction, electronics recycling and data centre decommissioning, Paladin said.

Alongside the acquisition, Paladin is also investing in a new 52,000 sq ft processing facility in Dublin to support customers across Europe. ICT will transition into the Paladin brand and relocate its operations to its new parent company’s processing facility.

Current critical mineral recycling capacity is far below what the EU wants, Paladin has said. It maintained that increasing domestic recycling and recovery capacity is the only short-term solution at hand.

“ICT is a strong legacy organisation in the ITAD space, built on doing the work in-house, maintaining chain-of-custody control and meeting the highest standards for secure data destruction,” said Brian Diesselhorst, the CEO of Paladin.

“This acquisition strengthens our ability to support customers in Dublin – widely considered the EU’s ‘data centre capital’ – and across Ireland, with consistent execution and certified outcomes, while expanding our on-site shredding and secure handling capabilities in-region.”

Eva Warren, the CEO of ICT, added: “ICT has always been focused on trust, control and doing ITAD the right way.

“Together, we’re building a model where organisations don’t have to choose between security, compliance and sustainability – we can deliver all three, at scale, across Ireland, the UK and Europe.”

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