Extreme Networks Makes 3 Million Euro Investment to Develop Next-Generation Cloud and AI-based Network Solutions in Ireland
Reading, UK and Shannon, Ireland, 12th September 2019 ― Extreme Networks, a software- driven networking company, announced today 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.
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.
With the network industry currently experiencing clear shifts in spending patterns as enterprises focus more on applications and security over physical hardware, this support for the programme in Shannon is the next step in building a new ‘Cloud and AI Centre of Excellence’ for Extreme Networks. Founded in 1996, Extreme Networks offers the full spectrum of wired and wireless software-driven networking solutions, from the enterprise edge to the data centre cloud.
Pat Breen TD, Minister of State at the Department of Business, Enterprise & Innovation
“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.”
Anne-Marie Tierney-Le Roux, Regional Business Development Manager, IDA Ireland
“This is a great announcement from a global technology leader. The investments will add significant value to the company’s R&D operations in Shannon, Co Clare, enabling research of ground- breaking technology solutions which will improve overall product performance and effectiveness. Extreme Networks commitment to Ireland has been exemplary and we warmly welcome this investment”.
Rémi Thomas, Chief Financial Officer, Extreme Networks
“Innovation is one of our core values and a fundamental part of our identity as a company. We constantly strive to develop solutions that meet the high and ever-changing needs of our customers. 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.”
Liam Kiely, Vice President of Product Strategy, Extreme Networks
“We are incredibly excited about expanding our R&D footprint in Ireland, which further strengthens our presence in Europe. The grant from the Irish government, as well as the significant investment we are making ourselves, will provide a boost to our top-notch R&D team. The solutions they will be developing will be on the cutting-edge of cloud and AI-based network solutions, representing a major milestone for us as a company, our customers and the industry as a whole.”
About Extreme Networks
Extreme Networks, Inc. (EXTR) delivers software-driven solutions from the enterprise edge to the cloud that are agile, adaptive, and secure to enable digital transformation. Our 100% in-sourced services and support are number one in the industry. Even with 50,000 customers globally, including half of the Fortune 50 and some of the world’s leading names in business, hospitality, retail, transportation and logistics, education, government, healthcare and manufacturing, we remain nimble and responsive to ensure customer and partner success. We call this Customer-Driven Networking™. Founded in 1996, Extreme is headquartered in San Jose, California. For more information, visit Extreme’s website.
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