A US security operations company has announced plans to open a Newcastle city centre headquarters in a move which will bring hundreds of new jobs to the city.
Newcastle will be the base for Arctic Wolf’s Europe, Middle East and Africa (EMEA) base, following a period of expansion and rapid growth.
The Minnesota-based company, which was founded in Silicon Valley, has established teams in four European countries including its European Security Operations Centre which opened in Germany in November 2021.
To meet the accelerating demand the business is seeing for cloud-native security operations across the UK and Europe, the company aims to tap in to the region’s growing pool of technology talent and will begin hiring for the office, with plans for hundreds of jobs across the next three years, which Is planned to open in 2022.
Invest Newcastle, part of NewcastleGateshead Initiative, worked with Arctic Wolf to secure the move to the region, and showcased its top assets which see Newcastle recognised as one of the UK’s 12 tech hotspots as well as being named as the UK’s smartest city in the Smart City Global Index.
Jen Hartley, director of Invest Newcastle, NewcastleGateshead Initiative, said: “Arctic Wolf’s decision to establish its EMEA headquarters in Newcastle over the capital is testament to the growing appeal of the North East as a talent hotspot for leading technology companies and our thriving business community.
“As recent government figures show, Newcastle has one of the fastest growing tech sectors in the UK, so it’s fantastic to see one of the world’s leading cybersecurity companies choose our region as its primary base in the UK and EMEA.”
Clare Loveridge, Arctic Wolf’s vice president and general manager EMEA, added: “The UK economy is rebounding from the impact of the pandemic, and central to that growth are the technology and security requirements that businesses must implement to support hybrid operations. With less of a need for workers to be based in London, the North East has quickly established itself as a new hub for leading technology firms looking to set up shop outside of the capital.
“While I grew up in Newcastle, I spent much of my career in the South. When I returned to the North East five years ago, I could see first-hand the fantastic pool of talent that is growing in the region.”
Nick Forbes, leader of Newcastle City Council, said: “We are delighted to welcome Arctic Wolf to the city; the strategic choice of Newcastle over London is testament to not only our tech and digital strengths, but also to our strong business networks and unique culture that makes us an attractive destination to live, work and invest.”