OpenText Announces €105 Million Investment in Ireland: Creating 400 New Jobs and Advancing AI, Cybersecurity, and Cloud Capabilities
OpenText, a global leader in data management for enterprise AI based in Canada, has announced a €105 million investment in Ireland to create 400 new jobs over the next three years. This investment will focus on advancing agentic AI, cybersecurity, sovereign cloud, and digital operations capabilities for European, Middle East & African (EMEA) clients.
The investment, supported by the Irish government through IDA Ireland, marks the largest investment in Ireland by a Canadian technology company. The funding will be used for operations and R&D in agentic AI, sovereign cloud, and cybersecurity, creating high-skilled roles in Cork and Galway to serve EMEA markets.
Taoiseach Micheál Martin TD and Michael Lohan, CEO of IDA Ireland, joined OpenText in Dublin to announce the investment, highlighting the strong economic partnership between Ireland and Canada. This investment will foster innovation, trade, and job creation between the two countries, contributing to Europe's competitiveness in AI, digital infrastructure, and innovation.
OpenText's investment in Ireland underscores the increasing demand for trusted partners in deploying AI securely and operating confidently in complex digital environments. The expansion of EMEA R&D and operations capacity will enable OpenText to deliver trusted AI, cybersecurity, and cloud capabilities to European organizations, providing regional support and flexibility across cloud environments.
In conclusion, OpenText's significant investment in Ireland demonstrates its commitment to advancing AI, cybersecurity, and cloud capabilities for EMEA clients, while strengthening economic ties between Ireland and Canada. This strategic partnership will drive innovation, job creation, and competitiveness in the European market.