UTV buys internet firm for £5m

Northern Ireland's UTV said today it had bought The Internet Business Limited for £5 million.

Northern Ireland's UTV said today it had bought The Internet Business Limited for £5 million.

The company will be integrated into UTV's new media unit, which provides web development, design, broadband and telephony services, Belfast-based UTV said today in a Regulatory News Service statement.

The acquisition was financed through existing facilities, it said.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up for push alerts to get the best breaking news, analysis and comment delivered directly to your phone

  • Listen to In The News podcast daily for a deep dive on the stories that matter