2023-10-18 17:34:24
Get a Free Speed Boost on Your Internet Connection: The One Surprising Trick Virgin Media Users Need to Try NowIreland’s Version 1 Announces New Tech Hub in UK
The Dublin-headquartered company, Version 1, is expanding its presence in the UK with the establishment of a new technology hub in Birmingham. The expansion is expected to create 500 jobs in the region.
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Over the past two years, Version 1 has experienced significant growth in the UK. It has already announced plans to open a tech hub in Newcastle upon Tyne and has successfully made several acquisitions in London, including service design specialist Evoco, data and business intelligence specialist Instinctive BI, cloud adoption company Automation Logic, and business analytics provider Qubix.
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The Birmingham expansion will generate 500 new jobs in various tech roles, such as software engineering, product design and delivery, and service management. While the roles will be remote within the wider region, the new hub located in Birmingham city centre will be the focal point of operations.
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According to Tom O'Connor, CEO of Version 1, the expansion into Birmingham will cater to the needs of both current and future customers. He further stated, "The technology talent in this region is impressive and has been a key factor in our decision, along with the support provided by the West Midlands Growth Company." Version 1 received dedicated account management and valuable introductions to the West Midlands Combined Authority.
About Version 1
Founded in Dublin in 1996, Version 1 is a leading IT and digital transformation provider. The company offers a range of services, including consultancy and software development. It holds a strong presence in Ireland and was recently recognized as the best large place to work in the country.
Ownership Change
Version 1 changed ownership in 2022 when Swiss private equity firm Partners Group acquired a majority interest in the company. The transaction was completed in August 2022, valuing Version 1 at up to £800 million.
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