Overstock invests in ‘innovative’ Irish techies

US online retailer Overstock has opened a new R&D centre in Ireland, bringing its employees in the country under one roof.

According to a press release, this is located at the Westgate tech campus in the IDA’s business park in Finisklin, Sligo town. It will focus on developing innovations in the blockchain, e-commerce and machine learning spaces. 

Also of interest: Business as usual at Overstock following Patrick Byrne’s departure

Overstock is expected to make its 100th Irish hire before the end of 2019. Currently it employs 80 technologists. The move has cost the company €1 million. 

“When we opened our Ireland office in 2013, we knew there was something special with the tech environment of Sligo,” says Overstock CEO Jonathan Johnson.

“Our Irish team has been instrumental in many of our technological innovations over the years, including advancements in machine learning, augmented reality, and blockchain applications. It’s great to open the doors to a new campus the team can grow and call home.”

Sign up for our free retail technology newsletter here.