The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72 - Scientific research and development
100 jobs Number of planned job creations
Announcement Date
17 June 2008
Employment effect (start)
31 December 2008
Foreseen end date
29 July 2011
Description
Computer software firm Business Objects has announced that it will invest €29 million in a Dublin research and development (R&D) facility, which is expected to employ 100 people by 2012. It is expected that the R&D centre will have 50 staff in place in the new facility by the end of 2008. It is understood that the new centre will focus on performance optimisation technologies, which help businesses link strategy with operations.
Business Objects was taken over last year by German-owned software company SAP. SAP is now the largest software company in Europe and the third biggest in the world. In total, the two companies currently employ more than 1,000 people in Dublin and Galway.
Sources
18 June 2008: The Irish Times
Citation
Eurofound (2008), Business Objects, Business expansion in Ireland, factsheet number 66884, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66884.
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