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A resident subsea robot inspects offshore oil and gas infrastructure, illustrating how autonomous systems could reduce vessel dependence, offshore crew exposure and the cost of routine subsea inspection and maintenance. Representative image.

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OpenText’s €105 million Ireland AI investment gains high-level government backing as Taoiseach Micheál Martin and IDA Ireland CEO Michael Lohan join OpenText executives to announce 400 new jobs in Cork and Galway for agentic AI, sovereign cloud and cybersecurity expansion in Europe. Pictured from left are Anne Marie Tierney Le Roux, Head of Technology at IDA Ireland; Michael Lohan, CEO of IDA Ireland; Taoiseach Micheál Martin TD; Thomas Jenkins, Chairman of OpenText; and Shannon Bell, Chief Digital Officer and Chief Information Officer of OpenText.

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OpenText’s €105m Ireland AI investment puts OTEX cloud strategy under fresh scrutiny

Find out how OpenText’s €105 million Ireland AI investment could reshape OTEX cloud growth, sovereign cloud strategy and EMEA demand.

June 13, 2026

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Technology Industry News

OpenText posts 510% net income surge in Q2 fiscal 2025

Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX) reported its financial results for the second quarter of fiscal year…

byPallavi Madhiraju

February 9, 2025

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