12 December 2012

Kobo to create over 30 jobs in Ireland, establish software development centre in Dublin

- Kobo is headquartered in Toronto and owned by Tokyo-based Rakuten

Dublin - 12 November, 2012 - Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, today announced that Kobo, a global leader in eReading, is to establish a software development centre in Dublin with the expected creation of over 30 highly skilled jobs. The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland. 

Founded in 2009, Kobo has rapidly become a leading player in the global eReading industry, with more than 10-million users across 190 countries worldwide. It was acquired in 2012 by the Tokyo-based Rakuten, Japan's largest e-commerce company, and is the third largest eCommerce marketplace in the world. 

The new Dublin technology centre will provide software development support for all worldwide Kobo partners, as well as localisation and feature enhancement for all local markets. Leveraging the local talent and expertise of Dublin’s software engineers, Kobo will drive forward new innovations in eReading. Kobo is an exciting addition to the strong cluster of Consumer and Digital Media companies with technology operations in Ireland. 

Making the announcement, Minister for Jobs, Enterprise and Innovation, Richard Bruton, TD, said: “A key part of the Government’s Action Plan for Jobs is targeting high-growth emerging companies to locate operations in Ireland. Today’s announcement that Kobo, a young ICT company which has enjoyed astonishing growth in its three years of existence, is locating a software development centre in Dublin with the creation of over 30 high-end jobs, is very welcome and shows the incredible potential for jobs growth in this sector. I am determined to ensure that we build on this to create the jobs and growth we need”. 

‘Ireland was chosen for our new technology centre due to its availability of highly qualified people with the right mix of technical skills, access to world-class academic institutes, and attractive research and development initiatives,” said Michael Serbinis, CEO, Kobo. “I would like to thank the Irish Government and IDA Ireland for their support in establishing this operation and look forward to the development of Kobo in Ireland.” 

Commenting on the announcement, Barry O’Leary, CEO of IDA Ireland said, “We are delighted with the establishment of Kobo’s software development centre in Dublin. Ireland has built a solid reputation as the digital capital of Europe and is home to some of the world’s leading technology companies. The addition of an exciting pure-play eReader company like Kobo further diversifies the digital cluster in Ireland. It also illustrates the flexibility and talent of the Irish workforce and Ireland as a platform for international expansion”. 

Kobo Inc. is one of the world’s fastest-growing eReading services offering nearly 3-million eBooks, magazines and newspapers. Headquartered in Toronto and owned by Tokyo-based Rakuten, Kobo eReaders can be found in major retail chains across the globe. 

Source: IDA Ireland