Software firm VCE to create 150 jobs in Cork
IRELAND celebrated a 150 jobs boost after US software firm, VCE, confirmed it is to create a dedicated Irish R&D centre.
The 150 new jobs will be created at VCE's headquarters in Mahon, Cork and will double their workforce.
The investment brings to almost 1,300 the total number of new jobs confirmed for Cork over the past 10 weeks as part of six separate projects.
Enterprise Minister Richard Bruton hailed the IDA-backed investment as proof of how Ireland's knowledge and research-based economy was hugely attractive to overseas firms.
Ireland now has 61,000 more people in employment than 12 months ago.
VCE was founded by four of the world's leading software and computer firms, EMC, Cisco, VMWare and Intel.
The VCE investment will involve offering streamlined services and IT solutions for firms operating in 'cloud' computing.
"Cloud computing is a sector which we have targetted as part of our jobs strategy," Mr Bruton said.
"It is very gratifying that we have had significant success in this sector over recent years."
Research Minister Sean Sherlock said Ireland's investment in infrastructure to support the IT sector is now yielding dividends.
VCE boss Bob Taccini said Ireland has played a central role in the firm's rapid growth.
VCE achieved sales of $1bn last year and the firm is now expanding at a rate of 50pc per annum.
"Ireland is a very easy place to do business and we are delighted with this investment. We are creating 150 new jobs and recruitment is already underway for the best IT graduates that Ireland can supply," he said.