ITRenew, a company that specialises in decommissioning data centre hardware, is to establish a headquarters in Ireland, which will create 40 new jobs.
The US firm said it was setting up an Irish headquarters in Drogheda, Co Louth and that 40 new roles would be created over the next three years.
Founded in 2000 and headquartered in Silicon Valley, California, ITRenew decommissions data centre hardware for the world's leading global cloud service providers and transforms it into everything from critical components to fully integrated edge and data centre systems.
"It is fantastic news for the northeast that ITRenew has chosen Drogheda as its new Ireland headquarters and logistics centre, creating 40 new jobs in the region," said Minister for Business Damien English.
“ The company’s expansion in Ireland speaks highly of our continued success at attracting foreign investment, particularly within the tech industry,” he added.
ITRenew employs more than 500 people globally and has had a presence in Ireland for a number of years, with a baseline staff responsible for hardware procurement, secure transport and decommissioning. The new premises in Drogheda will increase headcount and the scale of operations.
IDA Ireland chief executive Martin Shanahan said: "The decision by ITRenew to establish in Drogheda is very positive news for Louth and the North East region, where the company will benefit from a rich pool of tech-based talent."