A US software company has announced that it will create 150 jobs at an international shared services centre in Cork. The development is supported by IDA Ireland.

Software company Quest has 100,000 customers worldwide and plans to use the Cork centre to manage the growth of its business outside the US.

The company was established in California in 1989 and has grown to employ almost 3,500 people worldwide, with annual revenues in the region of $0.75 billion. It is a specialist in the area of business information and network management software systems.

It already operates a sales office in Dublin, but it will use its new international shared services centre in the Citygate complex at Mahon in Cork to drive the growth of its business in markets outside the US.

Quest says it will recruit 150 people over the next three years in Cork, in the areas of finance, software development and renewal, and sales.

The Minister for Enterprise, Trade and Innovation, Batt O'Keeffe, described the new jobs as 'strategically important for Ireland's information communications technology (ICT) sector'.

'Eight of the world's top 10 technology firms are based in Ireland and Quest Software's move to choose Cork for the international shared services centre following a global evaluation of sites shows that we have the local talent pool, infrastructure and business environment to draw high-tech investments,' he said.

'Ireland was chosen due to the significant presence of other software technology companies, high-quality infrastructure, availability of experienced and highly qualified professionals, multilingual talent and pro-business environment,' commented Quest's president and chief executive Doug Garn.

90 new jobs at Fidessa in Belfast

90 new jobs are also being created in the North. Fidessa, a UK based technology company, provides technology services and support to the financial services sector.

It is taking on 90 new employees at its Belfast base in the Titanic Quarter.

The North's jobs creation agency, Invest NI, has contributed almost £1m in aid to the project.