Canadian technology firm OpenText has announced a \u20ac105m investment that will create 400 jobs across the company\u2019s Cork and Galway offices over the next three years.<\/p>\n
The investment \u2014 the largest by a Canada-headquartered tech firm in Ireland \u2014 was backed by the Government through IDA Ireland and will double OpenText\u2019s presence here.<\/p>\n
The \u20ac105m investment will focus on three areas \u2014 agentic AI, sovereign cloud, and cybersecurity \u2014 creating high-skilled roles at OpenText across Cork and Galway.<\/p>\n
Irish-based developers and researchers will design, deploy, secure, and operate these AI and cloud capabilities for European, Middle Eastern, and African (EMEA) markets.<\/p>\n
Taoiseach Mich\u00e9al Martin said: \u201cOpenText\u2019s investment in Ireland is a strong endorsement of the deep and growing economic partnership between Ireland and Canada.<\/p>\n
\u201cIt reflects the strength of our long-standing relationship and will help create new opportunities for innovation, trade, and high-value job creation between our two countries.<\/p>\n
\u201cFurthermore, as Ireland prepares to take up the EU presidency, investments of this scale underline our role in shaping Europe\u2019s competitiveness in AI, digital infrastructure, and innovation and reflect the kind of international partnership that will be central to Europe\u2019s future growth and resilience.\u201d\u00a0<\/p>\n
IDA Ireland chief executive Michael Lohan said: \u201cAI is one of the most significant growth drivers in the global economy today, and OpenText\u2019s decision to invest in Ireland reflects our strength as a strategic location for world-leading companies seeking talent, innovation, and a trusted environment in which to scale international operations.<\/p>\n
\u201cParticularly welcome is the creation of high-skilled roles across two regional locations, which highlights the depth of talent available throughout the country.<\/p>\n
\u201cThis investment will strengthen Ireland\u2019s leadership in AI and transformational technology and IDA Ireland looks forward to continuing to work closely in partnership with OpenText as it grows its business in Ireland and deepens its European presence.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Canadian technology firm OpenText has announced a \u20ac105m investment that will create 400 jobs across the company\u2019s Cork…\n","protected":false},"author":2,"featured_media":499734,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,79,61,60],"class_list":["post-499733","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-cork-news","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/499733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=499733"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/499733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/499734"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=499733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=499733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=499733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}