Colm V. Cryan, managing director Acacia – Ireland, Niall O'Callahan, IDA Regional Manager, Renee M. Pianka, Murugesan “Raj” Shanmugaraj and John F Gavin, all Acacia staff
LIMERICK has received a further jobs boost this Wednesday morning, with the news a communications firm is to open its European headquarters here.
Acacia Communications, which provides optical interconnect products, is to open in the National Technology Park at Plassey, in a move which will create approximately 30 jobs.
Based in Maynard, Massachusetts, Acacia’s workforce is primarily based in the United States of America.
However, bosses at the firm anticipate the new Limerick facility will offer “geographic diversity”, making it easier to interact with its customers and suppliers both in Europe, the Middle-East, Africa and Asia, plus the Asia-Pacific region.
Colm Cryan, who heads up Acacia’s Irish subsidy, said: “Ireland’s highly skilled workforce, expansive infrastructure and pro-business environment, specifically in the Limerick area, makes it an ideal location for our headquarters. Wee are delighted to be here and appreciate the welcome we have received from the local agencies and companies.”
Staff at Acacia’s Plassey facility will support functions such as sales, supply chain and finance.
Acacia Communications exists to offer optical interconnects, which provide higher speeds and density with low power consumption.
Martin Shanahan, the CEO of IDA Ireland, which is supporting the investment, added: “It represents a valuable addition to the telecommunications sector in Ireland. It also enhances Limerick’s reputation as an excellent location for high-growth technology companies which increases the potential for future such investment in the region.”
Separately this week, another company opened offices in the National Technology Park in the shape of human resource and payroll service provider SD Worx.
The move comes after the company acquired Limerick firms Ceridian UK & Ceridian Ireland.
SD Worx Ireland provides fully managed payroll outsourcing service to over 180 clients in the Irish market as well as HR software packages to suit their clients’ business requirements.
The company’s director of services in Ireland Morgan Danaher says SD Worx is primed for “substantial growth, recruitment and investment” in the Mid-West region over the coming years.
More than 750 IDA-backed jobs have come to Limerick in 2016.