Canadian tech firm announces 400 jobs in Ireland

Canadian technology company OpenText has announced a €105 million investment that will create 400 jobs at its sites in Cork and Galway over the next three years.

OpenText provides data management and cybersecurity products.

It currently employs 275 people at its sites in Galway and Cork. The majority of staff work from its Cork operation.

The company said the announcement will double its investment in Ireland and will significantly expand its agentic AI, cybersecurity, sovereign cloud, and digital operations capabilities in service of European, Middle East & African (EMEA) markets.

IDA Ireland said it is the single largest investment into Ireland by a technology company headquartered in Canada, marking a significant milestone in Canada-Ireland technology and economic collaboration.

It comes as Canadian Prime Minister Mark Carney visits Ireland this weekend.

"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, Chief Digital Officer & Chief Information Officer at 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," Ms Bell said.

Taoiseach Micheál Martin described the investment as a strong endorsement of the deep and growing economic partnership between Ireland and Canada.

"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," Mr Martin said.

Michael Lohan, CEO of IDA Ireland, said the investment will strengthen Ireland's leadership in AI and transformational technology.

"Particularly welcome is the creation of high-skilled roles across two regional locations, which highlights the depth of talent available throughout the country," Mr Lohan said.