IT services firm Horizon8 has opened its European headquarters in Cork, Ireland.
Formerly called HengTian, the company was created in 2004 as a strategic partnership between Boston-based State Street and Hangzhou-based Insigma Technology and Zhejiang University.
Since its inception, Horizon8 has developed a suite of capabilities and solutions across professional services, data analytics, AI and blockchain technology, working with clients across multiple sectors.
The new office in Cork will mark the first European office for Horizon8, adding to the company’s North American presence in Boston.
Irish An Tánaiste (deputy prime minister) Simon Coveney said: “With up to 50 jobs planned, Horizon8 is placing a significant vote of confidence in the Irish market and further demonstrates our competitive position in attracting foreign direct investment.
“All of these roles will be for high skilled workers, including engineers, developers and business consultants. As a government, we have been committed to making sure that there is a strong pipeline of job opportunities outside of capital Dublin and today’s announcement reaffirms this.”
Robert Williams, chairman of Horizon8, said: “Through our presence in Ireland we are placed to serve a growing international client base.”
Patrick Horgan, MD of Horizon8 in Europe, added: “Cork offers us access to a deep talent pool, European connectivity and most importantly a location which is surrounded by best-in-class academic institutions.”