You are viewing your 1 free article this month. Login to read more articles.
Educational publishing company Houghton Mifflin Harcourt, formerly Riverdeep, is to invest €350m in a global research and development headquarters in Dublin which will create 450 new jobs over the next five years, reports the Irish Times.
The company, which acquired publisher Reed Elsevier's US education arm Harcourt in a deal worth $4bn last year, said the centre will be the “focal point” for its eLearning and digital development business. The first phase of the project will see an additional 200 positions created at its current Irish offices on Tara Street in Dublin over the next two years.
A location for the research and development centre, which will be in the Greater Dublin area, has yet to be decided upon but the company said the facility would employ 450 workers when fully operational.