Seagate to create Derry research facility
Technology company to invest ¤43m in research and development project Three and Tech Mahindra to create 130 jobs in Waterford customer services centre
Seagate Technology is to invest £34.7 million (¤43.8 million) in a major new research and development project in Derry.
The news comes as Three Ireland and its partner, the Indian firm Tech Mahindra, announced they are to create 130 jobs in a new customer service centre in Waterford.
Seagate’s project will centre on cutting-edge, heat-assisted magnetic recording technology and requires a team of 178 people.
Many of the project team already work for Seagate in Derry, which employs more than 1,400 people, but the company plans to recruit an 35 R&D engineers to work alongside them.
David Mosley, Seagate’s president of operations and technology, said its Springtown team will work closely with Queen’s Ansin department, an advanced materials research and development hub set up as a joint venture between the university and the US company.
Storage capacity demand
He said customer demand was driving the Derry project: “The explosive increase in demand for storage from mobile applications, cloud-computing infrastructures, social media, business applications and consumer markets is driving the need to develop new technology that can deliver greater storage capacity.”
Northern Ireland First Minister Peter Robinson and Deputy First Minister Martin McGuinness described the news as a major investment boost for the northwest.
Mr Robinson said: “Seagate has made an enormous contribution to the Northern Ireland economy over the last 21 years and this investment of almost £35 million underpins the company’s commitment to Northern Ireland and its confidence in our high quality of staff and ability to deliver the highest quality services.
“Today’s announcement is the largest research and development investment this year ac- counting for over 40 per cent of Northern Ireland’s target for 2014. It is the latest in a series of R&D investments over recent years that have enhanced the Springtown facility’s strategic importance within the wider Seagate operation. When fully operational, this major project will provide almost 180 highly trained staff including 35 new high value positions with an average salary of £35,000 per annum.”
Mr McGuinness said the project underlined the US company’s commitment to the city.
Invest NI has offered Seagate £7.8 million of assistance, part-funded by the European Regional Development Fund towards the investment project.
In Waterford, Three and Tech Mahindra announced plans to create 130 jobs with a new customer service centre that is expected to become operational in early 2015.
Recruitment for the roles is already under way. Three said the 56 former employees of Rigney Dolphin, which previously supplied customer contact services to the mobile operator in Waterford, will be given the opportunity to apply for the new positions.
Tech Mahindra is a $3.2 billion company that provides customer care services for 632 companies across the world, including Three. The firm, which is part of the Mahindra Group, employs 92,000 people.