Kainos, the Belfast-headquartered IT group, which listed on the London Stock Exchange just five years ago, has become the North’s latest £1 billion (€1.17 billion) company. The group’s market cap has hit more than £1.011 billion, allowing it to join a small and exclusive club that counts First Derivatives and Randox in its number. It had a market capitalisation of £164 million when it priced its IPO in July, 2015. Digital servicesThe company, which employs 1,500 people around the world, provides tailored digital services to government and commercial organisations. It is also a lead partner for the US software group, Workday, in Europe.

Source: The Irish Times January 17, 2020 21:00 UTC