SOURCE: SolarWinds

SolarWinds

October 06, 2014 07:06 ET

Minister for Jobs, Enterprise and Innovation, Richard Bruton, Lauds Global Software Giant's Expansion Plans

SolarWinds Looks to Create up to 100 New Jobs in Its Cork Office

CORK, IRELAND--(Marketwired - Oct 6, 2014) - The Minister for Jobs, Enterprise and Innovation, Richard Bruton, today announced that SolarWinds, a leading provider of powerful and affordable IT management software, expects to create up to 100 new jobs over the next two years at the company's Cork office.

This investment is supported by the Department of Jobs, Enterprise and Innovation, through IDA Ireland.

SolarWinds has increased its headcount by over 35% in the last year. Its Europe, Middle East and African (EMEA) headquarters opened in 2007 in Cork and currently employs over 140 employees. In addition to expanding its workforce, SolarWinds has expanded its office space with an additional 7,100 square feet in City Gate, Cork City. Operations in its EMEA HQ include: multilingual sales and technical support, international finance (outside of North America), HR, marketing and customer service. SolarWinds' EMEA operations have also recently added products for sale from SolarWinds' acquisitions of N-able and Confio.

Welcoming today's announcement, Minister Bruton said, "A key part of our Action Plan for Jobs is to support jobs growth software companies, both Irish and multinational. In recent years we have seen an impressive jobs performance in this industry. Today's announcement that SolarWinds, a leading global software company, is expanding its operations in Cork with the creation of 100 new jobs is a great boost for this strategy -- and above all, a great boost for Cork. I wish Bart and his team every success with their operations here, and look forward to working closely with them as they continue to expand their employment here."

"Our continued investment in our EMEA office is testament to our appreciation for the talent in the area," said Bart Kalsu, executive vice president and chief accounting officer, SolarWinds. "Cork is a well-respected technology hub and we're proud to be expanding our roots here in City Gate. We've recently expanded our office and look forward to continuing to fill the space with a team of dedicated, technically-skilled and creative individuals."

"Establishing our EMEA headquarters in Cork has enabled us to grow existing markets and enter new ones across the region," said David Owens, senior vice president finance and operations international, SolarWinds. "Building on this success, we plan to accelerate our expansion by continuing to benefit from the pool of highly skilled technical talent available and working closely with local third-level internship programmes. We recognise our Cork office as a centre of excellence for the services and levels of support delivered to our customers throughout the region."

Martin Shanahan, CEO of IDA Ireland said "The growth of SolarWinds' EMEA operations proves Ireland's ability to provide the right conditions for businesses to prosper. SolarWinds' expansion will strengthen and further embed its operations here in Cork. IDA Ireland welcomes SolarWinds' commitment to Ireland and wishes them every success as they continue to develop in Ireland."

SolarWinds was established in 1999 and is celebrating its 15th anniversary this year. The company employs more than 1600 people worldwide and is headquartered in Austin, Texas with a number of additional North American sites. The company also has international locations in Ottawa, Canada; Singapore; Chennai, India; Sydney, Australia; Utrecht, Netherlands and Brno, Czech Republic. Most recently, the company established a new IT Shared Services location in Manila, Philippines, specifically Fort Bonifacio Global City, Taguig City. As a result of its recent acquisition of Pingdom it has added sites in Sweden. Fortune included SolarWinds in its 100 Fastest-Growing Companies list for the third year in a row. Fortune compiles this list of publicly traded companies based on a formula that factors in revenue growth rates, earnings per share growth rate and three-year annualised total return.

Information regarding employment opportunities with SolarWinds is available at solarwinds.com/careers by clicking on location Cork-Ireland.

Forward-Looking Statements
 
This press release contains "forward-looking" statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our plans and expectations for our Cork operations and related employment opportunities. These forward-looking statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements that are not historical facts and may be identified by terms such as "will," "plans," "expects," or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, risks associated with international operations, our ability to manage growth effectively and such other risks and uncertainties described more fully in documents filed with or furnished to the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2013 filed on February 14, 2014. All information provided in this release is as of the date hereof and SolarWinds undertakes no duty to update this information except as required by law.

About SolarWinds
SolarWinds (NYSE: SWI) provides powerful and affordable IT management software to customers worldwide from Fortune 500® enterprises to small businesses. In all of our market areas, our approach is consistent. We focus exclusively on IT Pros and strive to eliminate the complexity that they have been forced to accept from traditional enterprise software vendors. SolarWinds delivers on this commitment with unexpected simplicity through products that are easy to find, buy, use and maintain while providing the power to address any IT management problem on any scale. Our solutions are rooted in our deep connection to our user base, which interacts in our thwack® online community to solve problems, share technology and best practices, and directly participate in our product development process. Learn more today at http://www.solarwinds.com.

SolarWinds, SolarWinds & Design and thwack are the exclusive property of SolarWinds Worldwide, LLC or its affiliates. All other company and product names mentioned are used only for identification purposes and may be or are intellectual property of their respective companies.

© 2014 SolarWinds Worldwide, LLC. All rights reserved.

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