Business News

FDI of the Month October 2023: NETGEAR opens €4.75 million international headquarters in Cork

By Business & Finance
14 November 2023
cork

NETGEAR opens new €4.75 million international headquarters in Cork city. NETGEAR is our FDI of the Month for October.


NETGEAR, a provider of award-winning connected products designed to simplify and improve people’s lives, has opened a new €4.75 million international headquarters in the Penrose Dock development in Cork city’s Victorian Quarter.

The company which first established its international headquarters in Cork in 2006, is headquartered in San Jose, California. They employ 46 people in Ireland who work across finance, customer operations, logistics & distribution, digital marketing, data operations, HR, legal, customer support & advocacy, support engineering, sales and IT support.

The new office is part of company plans to create a software development centre of excellence in Cork. The centre will focus on building industry-leading applications such as those that support NETGEAR’s award-winning Orbi and Nighthawk premium products for the connected home.

NETGEAR has pioneered advanced networking technologies for homes, businesses, and service providers around the world for nearly three decades. It is now going through an evolutionary change to grow its software subscription services to complement its hardware offerings.

Minister for Enterprise, Trade and Employment, Simon Coveney TD said: “It’s great to see NETGEAR deepen its investment in Cork with the opening of its new International HQ at Penrose Dock. It’s 17 years since NETGEAR first established its presence in Cork and the company has been a fantastic contributor to the local economy and life in Cork. Long may that continue.”

Dr. Martin Westhead, CTO, Software at NETGEAR said: “NETGEAR has a strong track record in Cork, Ireland, having established our international headquarters here in 2006. Building a software development centre of excellence in Ireland, is an important and exciting step on our path to accelerate our transformation towards becoming a more software-centric company. Ireland’s geographic location between the US and other global sites combined with the pipeline of highly educated and diverse talent found here, make it an ideal location to expand our software development capabilities.”


Read More FDI Of The Month

September 2023: Dell Technologies

August 2023: Abbott

July 2023: Charles River Laboratories

June 2023: Salesforce