Canadian tech firm announces 400 new jobs in Ireland
Summarized and contextualized by DistantNews.
At a glance
- Canadian tech firm OpenText will invest €105 million in Ireland, creating 400 new jobs over three years.
- The investment will significantly expand the company's AI, cybersecurity, and cloud capabilities in EMEA markets.
- This marks the largest investment in Ireland by a Canadian-headquartered tech company and coincides with the Canadian Prime Minister's visit.
Canadian technology company OpenText has announced a significant €105 million investment in Ireland, a move set to create 400 new jobs across its Cork and Galway sites over the next three years. This investment is poised to double the company's presence in Ireland.
Organisations across Europe are looking for trusted partners that can help them deploy AI securely, govern it responsibly, and operate with confidence across increasingly complex digital environments.
The expansion will bolster OpenText's capabilities in agentic AI, cybersecurity, sovereign cloud, and digital operations, specifically catering to European, Middle Eastern, and African (EMEA) markets. Shannon Bell, Chief Digital Officer & Chief Information Officer at OpenText, highlighted the growing demand for trusted partners in AI deployment and governance.
"Organisations across Europe are looking for trusted partners that can help them deploy AI securely, govern it responsibly, and operate with confidence across increasingly complex digital environments," Bell stated. She added that the investment enhances their EMEA R&D and operations capacity, providing European organizations with greater regional support and flexibility.
This investment expands our EMEA R&D and operations capacity to deliver the trusted AI, cybersecurity, and cloud capabilities our clients already rely on globally, while giving European organisations greater regional support and flexibility across the cloud environments of their choice.
IDA Ireland hailed the announcement as the single largest investment into Ireland by a Canadian-headquartered technology company, marking a significant milestone in bilateral technology and economic collaboration. The news comes as Canadian Prime Minister Mark Carney visits Ireland this weekend.
It reflects the strength of our longstanding relationship and will help create new opportunities for innovation, trade and high-value job creation between our two countries.
Irish Taoiseach Micheál Martin described the investment as a strong endorsement of the economic partnership between Ireland and Canada. Michael Lohan, CEO of IDA Ireland, emphasized that the investment will strengthen Ireland's leadership in AI and transformational technology, particularly noting the creation of high-skilled roles across regional locations, showcasing the country's talent pool.
Particularly welcome is the creation of high-skilled roles across two regional locations, which highlights the depth of talent available throughout the country.
Originally published by RTÉ News. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.