Tánaiste announces €22m IBM investment for Dublin
IBM is to invest €22m in its research and development facility in Santry, Dublin.
The announcement was made by the Tánaiste, Mary Harney, who said: "This investment will create a world-class knowledge centre and software development facility in Dublin to complement other IBM global labs."
The investment is supported by IDA Ireland.
Ms Harney said: "This is a notable development and is in line with the Government’s policy for the growth of R&D in Ireland and for IDA’s strategy of winning an increasing share of the growing knowledge-led global investments."
Elaine Stephen, IBM’s Director of Lotus Workplace Collaborative Learning said: "Due to excellent work by the management and staff at the Dublin Lab in building a world class software development capability we decided to make this strategic investment there.
"Our decision was influenced by the availability of the necessary skills, the growing emphasis on scientific research by Science Foundation Ireland and the strong support of IDA Ireland."
IBM, the largest information technology company in the world, employs 4,000 in Dublin.
