Deutsche Bank bullish on Ebeon

Deutsche Bank has this week taken a more optimistic view of the prospects for the Irish e-business implementation group, Ebeon…

Deutsche Bank has this week taken a more optimistic view of the prospects for the Irish e-business implementation group, Ebeon, which is expected to seek a stock market listing next year.

The company, which is 51 per cent owned by Eircom, employs more than 200 people at offices in Dublin, London, New York and California. Deutsche Bank believes Ebeon offers its clients a strong understanding of the commercial application of digital technology and is positive about its strategic plans. In the future, it expects to see Ebeon develop further overseas. Opening an office in Milan to leverage its strong wireless technology skills into one of the highest penetrated wireless markets must be a priority, it says. It also notes that Ebeon has been developing its capabilities in multimedia technologies as part of its growth strategy and to improve its content ahead of the greater bandwidths promised by the coming third generation mobile networks.