Canadian software giant OpenText announced on 13 June a € 105 million expansion that will create 400 jobs across Cork and Galway over the next three years. The investment, unveiled alongside Taoiseach Micheál Martin and IDA Ireland, will establish new R&D centres focused on agentic AI, sovereign cloud and cybersecurity. For global-mobility managers, the project will trigger a surge of intra-company transfers from Canada, Germany and India as OpenText seeds its Irish hubs with experienced engineers and project leads. IDA officials confirmed that the company has already requested fast-track Critical Skills Employment Permits and is working with relocation providers on housing and school placement support. OpenText plans to partner with Irish universities on AI talent pipelines, offering secondments and exchange-programmes that could see Irish staff posted to Waterloo and Silicon Valley in return. The company cited Ireland’s data-protection regime and Common Travel Area with the UK as key location advantages. Local authorities in Cork and Galway welcomed the news but warned that rental markets are tight. OpenText says it will fund a “housing concierge” service for assignees, including temporary serviced apartments and remote-work flexibility until accommodation is secured. Businesses in the southwest should anticipate competition for STEM talent and potential salary inflation. Mobility teams should review allowance benchmarks and consider pre-booking temporary housing well in advance of assignment start dates.
Source: PR Newswire
