07 November 2012

Nextag opens International HQ in Drogheda, Ireland; to create 125 positions over next 5 years

07 November 2012 – Nextag, Inc., the largest independent comparison shopping company and part of the Wize Commerce Shopping Network, is setting up its new international headquarters in Drogheda, Ireland. The announcement was made by IDA Ireland and Fergus O’Dowd, T.D., Minister of State at the Department of Communications, Energy & Natural Resources and Environment. Nextag currently operates web sites in nine countries across the globe, in some of the fastest growing e-commerce markets. 

Nextag is currently recruiting staff from the local region to work at the headquarters in Drogheda, just 40 miles north of Dublin and home to a dynamic and growing talent base of technology and e-commerce professionals.

Making the announcement, Minister of State, Fergus O’Dowd said: “Today’s announcement that Nextag Inc is establishing its international headquarters in Drogheda with the creation of a number of internet commerce related jobs is another vote of confidence for the area and great news for Ireland. With the support of the IDA, we are proving to be the perfect place for US-based technology companies to locate their International operations”.

The investment is supported by the Irish Government Department of Jobs, Enterprise and Innovation through IDA Ireland, the Government agency responsible for the attraction and development of foreign investment in Ireland.

“We have experienced tremendous growth in our International business in recent years, and our headquarters in Ireland will play a vital role in our future growth, not just in Europe, but throughout the rest of the world,” said Derek Yung, SVP of Finance and Corporate Development. “Locating in Drogheda provides us a great opportunity to recruit from the strong local talent base.”

Welcoming this announcement, Barry O’Leary, CEO of IDA Ireland said, “Nextag Inc’s decision to set up their International Headquarters in Drogheda will help grow their brand internationally as the key resource for online consumers. Nextag Inc’s announcement is a further endorsement of IDA’s strategy ‘Horizon 2020’ - to attract investment from the employment intensive services sector and for multinational businesses to internationalise from Ireland. This is excellent news for the entire North-East region which has the opportunity to benefit from this investment by Nextag.”

IDA Ireland understands the company will create up to 125 positions over the next 5 years.

Nextag is part of a growing network of shopping sites around the world operated by Wize Commerce a global leader in online monetization and traffic acquisition technology to support e-commerce.

Wize Commerce currently drives over $1.4 billion in worldwide sales through its online shopping network and partner sites for many of the world’s largest and fastest-growing e-commerce companies. Wize Commerce is headquartered in San Mateo, CA, with offices in Chicago, Tokyo, Hamburg and Gurgaon, India. 

 Source: IDA Ireland