Minister announces new investment in Northern Ireland by online media company Insider Inc.
Economy Minister Gordon Lyons today visited the New York headquarters of Insider Inc., a publisher of news websites and apps, to announce the company’s decision to create a technology and product hub in Northern Ireland.
Pictured in New York are (lr) Mel Chittock, interim CEO, Invest NI; Henry Blodget, co-founder and CEO of Insider Inc.; and Economy Minister Gordon Lyons.
Insider Inc. provides consumer information covering areas such as finance, business news and lifestyle. It employs over 1,000 people with ten global editions in six languages, including the flagship website www.insider.com.
He developed his own multimedia studio and became one of the world’s leading producers of social videos with over a billion monthly views across all platforms.
Speaking after meeting with senior executives from the company, Minister Lyons said:
“Insider is expanding its engineering resources and is currently establishing a technology and product center in Northern Ireland, with plans to initially recruit 50 roles by the end of June 2024. Roles will include data engineering, management project and IT support.
“Nurturing relationships and attracting more high-value foreign investment is a priority in my 10X economic vision. This investment is a welcome addition to our tech scene and aligns well with my department’s 10X economic vision.
“This was a very mobile project with a number of locations competing. As part of Invest NI’s commitment to the company to help win this project, I met the senior team for the first time in March. I am delighted to be back with the team today to make this announcement. Invest NI have done a great job helping to secure this project, the new jobs and over £2m of investment in our local economy through annual salaries.
The new Technology and Product Hub will help Insider Inc. achieve its growth plans with a software engineering team that will design, develop and support key technology applications used by millions of people around the world.
Henry Blodget, co-founder and CEO of Insider Inc., said:
“We are delighted to extend our relationship with our good friends in Northern Ireland. Our team will focus on improving our data products, subscription services, content syndication and test automation processes – all of which are so important to our business. We know that the excellent pool of hard-working talent in Northern Ireland will play a vital role in our continued efforts to get better at what we do every day.
Mel Chittock, Acting CEO of Invest NI, said:
“The Northern Ireland Technology and Product Hub will become an integral part of Insider Inc.’s global technology team. With varying skill levels in software development, data engineering, IT support and project management, there is a wide range of opportunities available that will retain and attract talent. The company is also offering hybrid work which will open up positions and help attract people from across Northern Ireland.
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