IBM invests E22m in software unit

THE Government yesterday approved an IDA grant aid package to support IBM’s E22 million investment in the development of a world-class knowledge centre and software development facility in Dublin.

Following a cabinet meeting Tánaiste and Enterprise, Trade and Employment Minister, Mary Harney announced that IBM is making the investment to develop its Irish R&D software facility IBM Dublin Software Laboratory (DSL) in Santry, Dublin.

IBM, who employ more than 4,000 people in Ireland, believe the E22m investment will enable it to maintain its market leadership position in the middleware software market.