Irish tech company Croteam has announced €1 billion in investment over the next two years in the country, with a further €1.3bn planned for the next four years.
The investment will create jobs and improve access to high-tech.
The company’s chief executive, Michael Hickey, said that the investment will give Irish tech firms access to a market worth €1 trillion and help them grow and grow fast.
“We will now have access to the most advanced technology and skills in Ireland, enabling our companies to build, deploy and improve software that will enable us to achieve the biggest opportunities in the world,” he said.
“We believe that the next wave of innovation in our industry is about to be unleashed.”
The company said that it will invest €1,000 per head in technology and infrastructure for the development of its Dublin campus.
“This is the most significant investment in Ireland for the past 30 years,” Hickey said.
“It is a reflection of our belief that the country is ready to become the next leader in the fast-growing global economy and will provide our investors with the best return on their investment.”
Croteam, based in Dublin, employs about 1,200 people and is the world’s fourth-largest software provider after Oracle, SAP and Accenture.
Its main business is developing software to automate complex workflows.