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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
100 jobs Number of planned job creations
Announcement Date
14 April 2015
Employment effect (start)
14 April 2015
Foreseen end date
14 April 2018
Description
Vision software company, Movidius, is seeking 100 new engineers in Ireland. The company makes vision processors and recognition aids for smartphones, drones and virtual reality devices. The expansion comes after a significant venture capital investment of €38 million. The Dublin office was set up in 2005. The company also has offices in California and Romania. An Taoiseach Enda Kenny welcomes the expansion, saying the investment was "impressive" and would lead to "high quality jobs being created in Ireland and will boost Irish exports in the growing computer vision technology sector."
Sources
14 April 2015: Irish Examiner
Citation
Eurofound (2015), Movidius, Business expansion in Ireland, factsheet number 79252, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/79252.
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