Virtualization Technology News and Information
VMware brings 300 jobs to Cork

According to the Sunday Business Post Online, more than 300 jobs will be created in Cork, Ireland by the international software firm, VMware.

Details of the project, which is being supported with grant aid from IDA Ireland, will be announced later this month.

VMware is the software division of EMC, a data storage firm that already employs about 1,500 people in Cork and Dublin.  VMware was founded in 1998 and has grown quickly, recording revenues of $709 million last year. It employs about 3,000 people worldwide, so the new Cork operation will be a significant part of its international operations.  EMC bought VMware for $635 million three years ago, and has just announced plans to float 10 per cent of the firm this summer.

The fresh employment is a boost to the Cork region, where more than 1,000 jobs are under threat. Drug firm Pfizer is trying to sell its factories at Loughbeg and Little Island, where almost 500 people are employed, and is laying off another 65 staff at a factory in Ringaskiddy. Electrical firm FCI Ireland plans to close its Fermoy plant by the end of 2008,with the loss of 240 jobs.

The original news was found here.

Published Monday, February 19, 2007 6:41 AM by David Marshall
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