OpenText, a global leader in enterprise AI data management headquartered in Waterloo, Ontario, has announced a €105 million investment in Ireland, creating 400 new jobs over three years. This marks the largest investment by a Canadian technology company in Ireland and will expand operations in Cork and Galway.
Investment Details
The investment, supported by the Irish government through IDA Ireland, focuses on three key areas: agentic AI, sovereign cloud, and cybersecurity. These high-skilled roles will involve designing, deploying, securing, and operating AI and cloud capabilities for European, Middle East, and African (EMEA) markets.
Official Announcement
OpenText announced the investment in Dublin alongside Taoiseach Micheál Martin and Michael Lohan, CEO of IDA Ireland. The Taoiseach highlighted the strengthening economic partnership between Ireland and Canada, emphasizing the role of such investments in Europe's AI and digital infrastructure growth.
Company and Government Perspectives
Shannon Bell, EVP and Chief Digital Officer at OpenText, noted that European organizations seek trusted partners for secure AI deployment. Michael Lohan of IDA Ireland praised the creation of high-skilled roles across regional locations, reinforcing Ireland's leadership in AI and transformational technology.
Impact on EMEA Operations
The investment doubles OpenText's presence in Ireland, enhancing its ability to serve EMEA clients with trusted AI, cybersecurity, and cloud solutions, while providing greater regional support and flexibility.
