Latest news with #DenisDullea
Business Mayor
24-04-2025
- Business
- Business Mayor
Ericsson plans €200m Irish investment
Telecoms company Ericsson is to invest €200 million in its Athlone facility as part of a three-year research and development project that aims to improve efficiency in 5G networks around the world. The project, which is a major boost for the Irish operation, will focus on the development of open network management and automation capabilities used in 5G networks. This will help accelerate the global deployment of 5G Standalone connectivity, Ericsson said. The investment is being seen as bolstering Ireland's position as a strategic hub for technological innovation. The company, which has been in Ireland for more than 50 years, said the new project would focus on the Ericsson intelligent automation platform and applications to automate radio access network management and optimisation. Among the technologies being implemented are artificial intelligence (AI), machine learning (ML), and advanced analytics. 'Ericsson has a long history and deep roots in Ireland spanning more than 50 years. This €200 million investment, supported by the IDA and Irish Government, is a testament to our commitment to Ireland, and confidence in our exceptional talent here,' said Denis Dullea, head of Ericsson's Athlone site and network management engineering unit. 'By delivering on this cutting-edge project we're both investing in Ireland's future and empowering mobile operators worldwide.' The investment is not expected to increase jobs at the Irish operations, with Ericsson currently employing more than 1,300 people here. Welcoming the announcement, Minister for Enterprise Trade and Employment Peter Burke said the three-year project was encouraging. 'Ericsson's €200 million announcement at their Athlone facility is fantastic news. It is really encouraging that Ericsson have once again cemented Athlone as a key base for the company, selecting the campus and the staff based here to lead this pioneering work.' The investment is being supported by the Government through IDA Ireland. Chief executive of the agency, Michael Lohan, said Ericsson's programme was 'ambitious' and 'strongly aligned' with key growth drivers of IDA Ireland's new strategy. 'This RD&I project embodies cutting-edge innovation, exemplifies IDA's continued commitment to balanced regional development,' he said.
RTÉ News
24-04-2025
- Business
- RTÉ News
Ericsson to invests €200m in Athlone facility
Swedish communications technology company Ericsson is to invest €200 million over the next three years in a new Research, Development, and Innovation project at its Athlone facility. The company said the investment aims to deliver next-generation open network management and automation capabilities with artificial intelligence, machine learning and advanced analytics. Ericsson currently employs more than 1,300 people in Ireland, and the Athlone facility serves as its designated centre of excellence for intelligent network management. The company said this latest investment underlines Ericsson's commitment to Ireland as a strategic hub for research and development. "Ericsson has a long history and deep roots in Ireland spanning more than 50 years," said the Head of Ericsson's Athlone site and Network Management Engineering Unit, Denis Dullea. "By delivering on this cutting-edge project, we're both investing in Ireland's future and empowering mobile operators worldwide," Mr Dullea said. The project is supported by the Government through IDA Ireland. "Ericsson's €200 million announcement at their Athlone facility is fantastic news," said Minister for Enterprise Peter Burke. "Their innovative R&D project, which will span a duration of three years, will improve efficiency in 5G networks globally," he added. CEO of IDA Ireland Michael Lohan said the investment strengthens the long-term legacy of Ericsson in Ireland. "This RD&I project embodies cutting-edge innovation and exemplifies IDA's continued commitment to balanced regional development," Mr Lohan said.
Irish Independent
24-04-2025
- Business
- Irish Independent
Ericsson bucks trend of slowing FDI, with €200m investment in Athlone facility to work on 5G
Today at 21:30 Swedish telecom company Ericsson has announced a €200m investment into its facility in Athlone where it will work to enhance its 5G network products for the telecons sector. The announcement bucks the trend of slowing foreign direct investment (FDI) after the US presidential elections and Donald Trump's rolling announcements on trade tariffs and comes amid fears for jobs at Intel. Ericsson employs more than 1,300 people here and said the investment is part of its 'commitment to Ireland' as a strategic hub for research and development (R&D). It said the funding will be used to improve its 5G networks globally using tools like AI, machine learning and advanced analytics. It will focus on the Ericsson Intelligent Automation Platform (EIAP), the company's management platform for open networks that can be used by multiple providers, and network-powered rApps – applications used to manage and automate radio access. The EIAP and rApps are largely designed at the company's Athlone site. Ericsson said its project will help accelerate the development and automation of open networks used by 5G networks around the world. For communications service providers (CSP) in Ireland, it will improve network performance, speed up innovation and reduce costs. It said: 'EIAP provides an open environment for developing and running apps from any vendor and radio technology, enabling CSPs to readily introduce innovations from diverse technology partners.' Ericsson's has had a presence in Ireland for over five decades with its Athlone facility working as its designated centre for network management. Denis Dullea, head of Ericsson's Athlone site, said the investment reinforces Ireland's position as a strategic hub for the company. 'This investment is a testament to our commitment to Ireland and confidence in our exceptional talent here. By delivering on this cutting-edge project, we're both investing in Ireland's future and empowering mobile operators worldwide,' he said. Enterprise Minister Peter Burke said the Athlone facility will continue to be a significant employer for Irish talent. 'It is really encouraging that Ericsson have once again cemented Athlone as a key base for the company, selecting the campus and the staff based here to lead this pioneering work,' he said. "The R&D project will improve efficiency in 5G networks globally. Ericsson have been established in Ireland for decades, with the Athlone facility a significant employer and an integral part of the fabric of the community for over 50 years.' Ericsson and IDA Ireland have a longstanding relationship, and have worked together since the company established itself in Athlone in 1974. 'The investment strengthens the long-term legacy of Ericsson in Ireland, building on the success of past investments spanning more than 60 years,' said IDA chief executive Michael Lohan.
Irish Times
23-04-2025
- Business
- Irish Times
Ericsson plans €200m Irish investment
Telecoms company Ericsson is to invest €200 million in its Athlone facility as part of a three-year research and development project that aims to improve efficiency in 5G networks around the world. The project, which is a major boost for the Irish operation, will focus on the development of open network management and automation capabilities used in 5G networks. This will help accelerate the global deployment of 5G Standalone connectivity, Ericsson said. The investment is being seen as bolstering Ireland's position as a strategic hub for technological innovation. The company, which has been in Ireland for more than 50 years, said the new project would focus on the Ericsson intelligent automation platform and applications to automate radio access network management and optimisation. Among the technologies being implemented are artificial intelligence (AI), machine learning (ML), and advanced analytics. READ MORE 'Ericsson has a long history and deep roots in Ireland spanning more than 50 years. This €200 million investment, supported by the IDA and Irish Government, is a testament to our commitment to Ireland, and confidence in our exceptional talent here,' said Denis Dullea, head of Ericsson's Athlone site and network management engineering unit. 'By delivering on this cutting-edge project we're both investing in Ireland's future and empowering mobile operators worldwide.' The investment is not expected to increase jobs at the Irish operations, with Ericsson currently employing more than 1,300 people here. Welcoming the announcement, Minister for Enterprise Trade and Employment Peter Burke said the three-year project was encouraging. 'Ericsson's €200 million announcement at their Athlone facility is fantastic news. It is really encouraging that Ericsson have once again cemented Athlone as a key base for the company, selecting the campus and the staff based here to lead this pioneering work.' The investment is being supported by the Government through IDA Ireland. Chief executive of the agency, Michael Lohan , said Ericsson's programme was 'ambitious' and 'strongly aligned' with key growth drivers of IDA Ireland's new strategy. 'This RD&I project embodies cutting-edge innovation, exemplifies IDA's continued commitment to balanced regional development,' he said.
Irish Examiner
23-04-2025
- Business
- Irish Examiner
Ericsson to invest €200m in Athlone research and development project
Swedish telecoms company Ericsson is to invest €200m over the next three years in a new research, development, and innovation (RD&I) project at its Athlone facility. Ericsson has had operations in Ireland dating back to 1974 when it opened its first factory here. It currently employs more than 1,300 people in Ireland, with the Athlone facility serving as the company's designated centre of excellence for intelligent network management. Ericsson said the project will underpin its development of 'world-leading capabilities' for the management of high performing, open programmable networks. "These capabilities are key to enabling communications service providers to improve operational efficiency, as well as accelerating the global deployment and value generation of 5G Standalone connectivity through differentiated offerings," the company said. Denis Dullea, head of Ericsson's Athlone site and network management engineering unit, said this investment "is a testament to our commitment to Ireland and confidence in our exceptional talent here". The company currently employs more than 1,300 people in the country primarily in its Athlone facility. Picture: Angel Garcia/Bloomberg The investment is supported by the Government through IDA Ireland. IDA chief executive Michael Lohan said that this investment "strengthens the long-term legacy of Ericsson in Ireland, building on the success of past investments spanning more than 60 years". "This RD&I project embodies cutting-edge innovation, exemplifies IDA's continued commitment to balanced regional development." The investment will focus on the Ericsson intelligent automation platform and network powered applications to automate radio access network management and optimisation. The company's open network management and automation platform for 4G and 5G radio access networks is largely designed at the Athlone site. The company added that this investment aims to deliver next-generation open network management and automation capabilities with AI, machine learning, and advanced analytics. Enterprise minister Peter Burke said the company's new project will improve efficiency in 5G networks globally adding that it is "really encouraging that Ericsson have once again cemented Athlone as key base for the company". Read More Apple and Meta hit out at EU over fines
