OpenText to invest €105m in Cork and Galway

Four-hundred jobs to be created over next three years

Trade

Pictured: Anne Marie Tierney Le Roux and Michael Lohan IDA Ireland; Taoiseach Micheál Martin; Tom Jenkins and Shannon Bell, OpenText

OpenText, an Ontario, Canada, headquartered global leader in data management for enterprise AI, have announced a €105 million investment that will create 400 new jobs across the company’s sites in Ireland over the next three years.

The commitment, which doubles OpenText’s investment in Ireland, will significantly expand the company’s agentic AI, cyber security, sovereign cloud, and digital operations capabilities in service of European, Middle East & African (EMEA) economies and public sectors.

The investment is directed at operations and R&D across three areas foundational to trusted enterprise AI – agentic AI, sovereign cloud, and cybersecurity – that will create high-skilled roles at OpenText in Cork and Galway. Irish-based developers and researchers will design, deploy, secure and operate these AI & cloud capabilities for EMEA markets.

“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,” said Shannon Bell, EVP, chief digital officer and CIO, OpenText. “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.”

Speaking of the announcement Michael Lohan, CEO of IDA Ireland said, “AI is one of the most significant growth drivers in the global economy today, and OpenText’s 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. Particularly welcome is the creation of high-skilled roles across two regional locations, which highlights the depth of talent available throughout the country. This investment will strengthen Ireland’s 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.”

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