In June 2020, Derry City and Strabane District Council granted planning permission for the major international data centre developer, Atlantic Hub, to locate the centre at the Foyle Port Innovation Park. Work began this month on the development which will host computer data and services equipment for large tech companies, catering to the growing global tech sector and generating up to 100 jobs.

The campus at Foyle Port will have the capacity for up to 500,000 sq ft of technical floorspace, one of the largest ever infrastructure developments in the North West. It will offer world class services to large corporates and hyperscale data centre operators, utilising the EXA (Kelvin), transatlantic fibre-optic submarine cable, providing excellent connectivity to North America and Europe.

“After a significant period of preparation, we are delighted to begin construction of our flagship development project”, said Brian Doherty, Managing Director at Atlantic Hub. “We consider the North West to be an excellent location for our data centre development, and our investment in the region reflects the fantastic economic opportunities on offer here. With unique access to the UK and EU markets, this development is set to attract some of the largest global companies and investors to our shores in the coming years.”

With a ‘twin’ site in Letterkenny also being considered as part of the same cross border campus, this development forms part of transformative work from across the North West to boost our offering to foreign investors. The strategic location provides connectivity to local energy supplies generated from 100% certified renewable sources.

Learning Pool has paid an undisclosed sum for True Office Learning, a firm in the United States which specialises in compliance training.

True Office was at one time owned by the New York Stock Exchange.

Learning Pool’s chief executive Ben Betts said the deal with True Office Learning is “a significant step” for the Derry-based company.

“In the past two years, the way we work and learn has changed dramatically, and our aim is to lead the way in reshaping the new workplace learning landscape,” Mr Betts said.

The addition of True Office should take Learning Pool’s annual turnover to around £50m. The firm is aiming to significantly grow its business in the US where it already has an office in Colorado.

True Office’s major clients include the pharmaceutical firm Pfizer and the agri-food company, Cargill. Learning Pool was founded in 2006 by Paul McElvaney, who is now the firm’s executive chair.

The company provides online training courses for a range of major businesses and public sector organisations.

Last year a US private equity firm, Marlin Equity Partners, bought a majority stake in the business.