Cloud computing giant EMC opts for Cork as centre of European research

Cork is set to be the heart of EMC’s European operations focusing on research and will see it increasing its headcount, according to the company’s managing director for Europe Middle East Africa, Bob Savage.

The cloud computing giant with a market capitalisation of more than $50bn (€36.8bn) is looking at its Cork facility in Ballincollig, which employs 3,000 people, to become a centre for European research.

Mr Savage said that, due to the quality of people and the research tax regime in Ireland, the company would definitely be expanding in Cork again in the near future.