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Strencom's €6m investment to create 20 new jobs

Strencom's chief executive Tim Murphy
Strencom's chief executive Tim Murphy

Connectivity and cloud computing provider Strencom has announced a €6m investment and the addition of 20 employees by the end of next year.

The Irish based company already employs 28 people in its Dublin and Cork offices. 

Strencom said the jobs are being created on the back of strong revenue growth of over the past three years, and added that it also intends to buy "two or three companies" in the next three years.

The company said the €6m will help it target a broader range of industry sectors and fund the development and expansion of its business offering.

The said the new jobs and investment will enable Strencom to grow its managed connectivity, unified communications and managed cloud hosting services in Ireland and the UK. 

Tim Murphy, the company's CEO, said Strencom's growth targets will be achieved by expanding its service offering, targeting new sectors of the market, while also looking at the selective acquisitions of complementary businesses. 

"This would allow us to scale while still offering comprehensive cloud connectivity managed services solutions in Ireland," Mr Murphy said.