Feeds

Intel invests in Ireland

Total sum small potatoes

Business security measures using SSL

Intel is to invest over €50m ($63.5m, £44.3m) to expand Irish operations, a move that will boost employment at its R&D facilities in Shannon by 134 jobs over the next four years.

According to IDA Ireland, the investment will raise total staffing at the facility to 300. Two projects will be supported by the funding, one in hardware and one in software.

The hardware component will include design and validation of 32nm embedded processors for "small to medium sized businesses," according to IDA Ireland. The software project will focus on Intel's QuickAssist Technology, which is aimed at boosting the performance of what Intel refers to as "high-bandwidth and low-latency accelerators."

In a statement commenting on the expansion, Intel Ireland's general manager Jim O’Hara said: "In our highly competitive and rapidly changing global markets, success is hard earned...[This investment] makes a genuine contribution to the advancement of Ireland and of Ireland in Europe."

While the addition of 134 employees over four years is, indeed, a "genuine contribution," it's a small one - especially considering that the giant chipmaker is currently executing a layoff plan that will cut 5,000 to 6,000 jobs worldwide, including 200 to 300 at its Leixlip plant in Ireland.

But while one hand cuts the other reaches into its wallet: Intel recently announced that it would invest $7b (£4.9b) over the next two years in the US alone.

Compared to that figure, the €50m for R&D in Shannon is small potatoes - but there are 134 Irishmen who'll be quite happy with those spuds. ®

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.