OpenText’s €105m investment marks the single largest backing by a company with a Canadian HQ.

Canadian enterprise data management company OpenText is creating 400 highly-skilled jobs in Cork and Galway over the next three years through a planned investment of €105m.

The company helps organisations protect, govern and utilise their data for agentic AI, cybersecurity and sovereign cloud. Irish-based developers and researchers will design, deploy, secure and operate these AI and cloud capabilities for the European, Middle East and African (EMEA) markets.

This is the single largest investment into Ireland by a technology company headquartered in Canada and is supported by IDA Ireland.

The major investment is expected to advance the company’s service capabilities across the EMEA industries and public sectors. It is also expected to increase regional capacity for organisations operating in highly regulated and mission-critical environments which require greater control over data governance.

“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,” said Shannon Bell, the executive vice-president, chief digital officer and chief information officer of OpenText.

Speaking of the announcement, Michael Lohan, the CEO of IDA Ireland said: “This investment will strengthen Ireland’s leadership in AI and transformational technology and IDA Ireland looks forward to continuing to work closely in partnership with OpenText as it grows its business in Ireland and deepens its European presence.”

OpenText said that it intends to explore opportunities for university and research collaboration in Ireland as part of its long-term innovation and talent strategy. This includes partnerships with third-level institutions focused on AI, cybersecurity and secure digital operations.

Laying down its R&D plans, OpenText said that its research efforts will advance how AI agents are orchestrated and governed including multi-agent collaboration, system boundary enforcement and knowledge sharing across sovereign zones.

In data sovereignty, it is developing continuous compliance mechanisms that give organisations verifiable control over where data lives and how it is governed, while its cybersecurity research will focus on threat detection and response.

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