We are delighted to announce that Goshawk Communications has won a major shareholding from Manx Telecom subsidiary Vennin Ventures. Watermill Accounting provided its accounting services to help seal the deal for Goshawk Communications.
The company will now be able to help hard of hearing people worldwide to hear conversations more clearly on the telephone as Goshawk Communications specialises in innovative software solutions to improve speech clarity and intelligibility over modern telecoms networks.
Commenting on the creation of this exciting new joint venture, Tom Meageen, Managing Director of Vannin Ventures, said: “Today is another significant milestone in our growth plans following the acquisition of local telecoms software company Partitionware at the end of last year. Through clinical trials conducted in the Isle of Man over the last 18 months, we have shown that the technology can have a transformative effect in improving communication for those suffering from hearing loss. There is also a significant global market into which this technology can be extended. To establish a new company on the Island that will be our research and development centre and operations hub for the business, is particularly pleasing and a key part of Vannin Ventures’ strategy to incubate and grow new businesses on the Island.”
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