Extreme Networks will invest €3m to expand R&D programme in Shannon

Extreme Networks will invest €3m to expand R&D programme in Shannon

Extreme Networks announced last week that it will invest 3 million euro to expand its R&D programme in Shannon, Ireland.

The investment will create 20 new jobs in engineering, data science and software engineering over the next two years, with the Irish government providing additional funding in the form of a research, development, and innovation grant worth over 500,000 Euro.

Extreme Networks is a software-driven networking company. The newly established R&D team will focus on developing a next-generation cloud portal for network applications and services, as well as a state-of-the-art AI-based security system for the Internet of Things (IoT).

The Shannon R&D base is part of a long-term strategy by Extreme Networks that will result in the creation of a substantial number of highly specialised engineering jobs in the region over the next five years.

Welcoming the news last week, Minister of State at the Department of Business, Enterprise & Innovation, Pat Breen said, "We’re delighted that Extreme Networks has decided to expand its R&D programme in Shannon. This commitment from a leading tech innovator is evidence that Ireland is a great country for tech companies from around the world to invest in. We are looking forward to seeing the pioneering work that will come as a direct result of this investment."

Chief Financial Officer at Extreme Networks, Rémi Thomas added, "Cloud technologies, the rise of IoT devices, and the practical applications of AI are currently and fundamentally changing the way organisations operate. We are boosting the capabilities of our excellent R&D team in Europe to develop state-of-the-art solutions that will help our customers navigate these challenges."

Source: www.businessworld.ie