US sports data giant creates 100 jobs in 'City of Sport'
Stats, the American Sports data and intelligence giant, is to open its European, Middle Eastern and African headquarters in Limerick, creating over 100 high-quality jobs by 2020.
The Chicago-headquartered company - which serves more than 800 teams, leagues and brands - says the selection of Limerick as its new regional base will help it develop the next generation of sports technology products.
Limerick - Ireland's 'City of Sport' - will serve as a hub for all aspects of business for Stats, which has hired Grainne Barry, co-founder of SportsTech Ireland, as its regional operations director.
"With a regional headquarters in Limerick, we will be located in a city energized by some of the best minds in tech and sport, where we can better service our clients and have a new location to unite functions that are core to our business," said Ms Barry. She will continue to work with SportsTech Ireland to grow the development of sports tech companies on the island.
Tánaiste Frances Fitzgerald said it was the Government's ambition to attract high-value technology jobs to the regions.
"The Mid-West Region now has a growing cluster of strong ICT companies. Businesses like Stats, which are world leaders in a niche area, are especially welcome to invest there," said Ms Fitzgerald.
Stats is to set up a temporary location in the city while it looks for a more permanent office. Once this is up and running, it will then start building up - with a target of recruiting 60 staff by the end of next year, and more than 100 by 2020.
IDA Ireland CEO Martin Shanahan said: "The investment shows how combined strengths and synergies can be harnessed in regional locations to attract investment - in this case Limerick's strong sporting environment and facilities and the technology cluster located here."
In recent years, Stats has forged several major partnerships and acquisitions in the region, including Prozone Sports in 2015. Kenneth Fuchs, CEO of Stats, said that "with the opening of our Limerick office and regional headquarters and the hire of Ms Barry, we will be strongly positioned to offer and expand our diverse and leading set of team and media products throughout the region".
Meanwhile, IT company Veritas Technologies has announced the creation of 250 jobs in north-west Dublin.
The positions, which are being filled over the next two years, will be located at the new Veritas R&D centre which was opened by Taoiseach Leo Varadkar. The R&D centre will contribute to the company's expansion in Europe, the Middle East and Africa.