Paradyn to Invest in Acquisitions and New Jobs

Irish end-to-end IT and communications service provider Paradyn will double its workforce from 40 to 80 employees by 2020. The positions will occur in both its Dublin and Cork offices. The new jobs are being created as part of a €4 million investment that will fund company growth and acquisitions.

Paradyn is a newly-created company, formed as a result of the merger of Exigent Networks, Irish Telecom and Netforce. It manages more than 30,000 users across 300 business and public sector customers from a range of industries. Its current turnover is €8 million, but it intends to double this figure to €16 million in the next three years.

Paradyn has already started recruiting for the new roles, which will help to support its expanded managed services. The company will fill positions primarily in the areas of finance, network engineering, technical solutions architecture, technical sales and support, marketing and business development.

Speaking about the announcement, Cillian McCarthy, Paradyn’s CEO, said: “Acquisition is a key strategy for us. We are on the lookout for other IT, communications and information security businesses which can integrate into the company to add further to our unique ability to deliver more secure and easily managed technology infrastructures to our customers so that they can generate a higher return on investment on their IT and communications systems.”

Pictured above: Paul Casey, COO, Paradyn; Cillian McCarthy, CEO, Paradyn; and Rob Norton, CTO, Paradyn

Photo by: Steve Langan