Google, Meta, Apple, Microsoft—they all have one thing in common: Irish eyes are smiling on them. The tech companies are among the largest US firms with European headquarters in Ireland, the EU member nation that has turned itself into an economic powerhouse over the past few decades. Hurling. Ireland’s tech industry has long benefitted from the country’s generous tax code—which, at 12.5%, entices US multinationals to move their base of operations to the nation—and a young, agile workforce that’s familiar with the demands of the cyber economy. Ivan Houlihan, SVP for West Coast US at Ireland’s Investment and Development Agency (IDA), told IT Brew that the tech presence in the country is due in large part to a careful strategy of investment and education. “For the last 75 years, we’ve been attracting foreign direct investment to Ireland,” Houlihan said, adding, “what we do today is we partner with companies internationally to help them build out presence in Ireland.” Read more here.—EH |