A Galway-based IT equipment manufacturer established by a group of former Digital Equipment workers in 1994 has opened a €9m state-of-the-art headquarters and manufacturing facility with the creation of 50 jobs. The company is fostering ambitious plans to become a global IT player.
Multis Group is a re-manufacturer of high-end computer equipment for the second-use market. Much of the work undertaken by Multis is for multinational IT brand manufacturers.
This service involves the acquisition of disposed assets and remanufacturing them to meet both the brand manufacturers’ standard and the configuration and service requirements of customers. The equipment sold by Multis is rebuilt to an ‘as new’ standard, ensuring functional quality to the latest serviceable revision levels of hardware and software as prescribed by the manufacturer.
Multis was founded in 1994 by a group of senior executives from Digital Equipment Corporation (DEC) and commenced volume operations in 1995. Today, the company has 75 employees, (mainly technical) with facilities in Galway and Holland, with a manufacturing facility, of 32,500sq ft in Galway and 18,000sq ft in Holland. Multis has an asset base of US$6m.
The company is currently working closely with Enterprise Ireland’s offices in the US and Asia to become a global solution provider. The company’s new headquarters includes a manufacturing, marketing and research and development function. The expansion will increase the company’s workforce from 75 to 125 people.
Announcing Multis’ expansion, Minister for Enterprise, Trade and Employment Micheál Martin TD said: “Multis is a successful indigenous company. The founders have extensive experience in the IT sector and understand the challenges faced by original equipment manufacturers dealing with returning, retiring and surplus assets and with the problems presented by the broker market. With support from Enterprise Ireland, they have developed a business model, which is delivering significant value add and growth.”
By John Kennedy