US firm to create 100 jobs in €8m venture
MORE than 100 new jobs will be created by a US technology firm making an €8m investment in the west.
Genband, a leading developer of Internet Protocol (IP) infrastructure and service solutions, plans to establish its international headquarters and business services centre in Galway.
Charlie Vogt, president and chief executive of Genband, said the new facilities were a critical component of the company's continued global strategy and growth.
"Ireland's breadth of high-quality, skilled human resources made Galway an ideal setting for our expansion, particularly when combined with the region's competitive cost structure and leadership as a telecommunications corridor," he said.
Social Protection Minister Eamon O Cuiv said the move recognised the region's reputation as a leading technology hub.
"Genband's role in transforming telecommunications networks through IP perfectly aligns with Ireland's status as a smart economy," he said.
The firm's move was supported by the Government with the aid of IDA (Industrial Development Agency) Ireland.
Barry O'Leary, IDA chief executive, said: "Ireland is experiencing strong growth in international IT services which is contributing significantly to Ireland's impressive export performance."