According to Silicon Republic, cybersecurity provider Ekco has opened a new Dublin headquarters to serve as a central hub for its roughly 500 Ireland-based employees. The company is also launching its third global Security Operations Center following existing locations in the UK and Malaysia. Ekco plans to grow its client base by 15% in 2026 and is targeting over €100 million in revenue from Ireland alone by year-end, plus €200 million globally. The expansion comes after the company made seven business acquisitions over the last two years, including recent purchases of Solsoft, Adapt IT, and Predatech. CEO Steve MacNicholas said the new HQ signifies Ekco’s commitment to Ireland as a cybersecurity leader.
The acquisition engine is roaring
Here’s the thing about Ekco’s strategy – they’re not just growing organically. Seven acquisitions in two years is absolutely aggressive, and they’re not slowing down. Last month it was Solsoft in Bristol, before that Adapt IT in Cork, and earlier this year Predatech in the UK. That’s a serious shopping spree.
But why the acquisition frenzy? Basically, they’re building scale fast to compete in a crowded cybersecurity market. When you’re up against giants, you either grow quickly or get left behind. And with their revenue targets – €100 million from Ireland alone by year-end – they need that expanded capability yesterday.
Why Dublin matters globally
So why make Dublin such a strategic hub? Look, Ireland has become a massive technology corridor, especially with all the US tech giants headquartered there. Having a serious security operations presence puts Ekco right in the middle of where the action is. It’s smart positioning.
The new SOC isn’t just another office – it’s their third globally and represents serious investment in threat detection capabilities. The fact that it can automatically isolate compromised devices without manual intervention? That’s the kind of automation enterprises are demanding today. When every second counts in a breach, manual processes just don’t cut it anymore.
Where this fits in the bigger picture
The cybersecurity market is getting more crowded by the day, but Ekco seems to be carving out a specific niche. They’re targeting public sector, finance, legal, and professional services – all industries with heavy compliance requirements and sensitive data. That’s where the real money is in security services.
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Ultimately, Ekco’s Dublin expansion shows that cybersecurity isn’t slowing down despite economic uncertainties. If anything, the threats are accelerating, and companies are willing to pay for protection. Now we’ll see if their aggressive growth strategy pays off with those ambitious revenue targets.
