An Irish technology company, which was set up three years ago with just eight employees, is to announce the creation of 120 new jobs at its headquarters in Cork.
Xanadu was founded in 2011 to provide technical support to clients such as Matchbook.com, a leading sports betting exchange.
The company helps handle the massive amounts of data created by these businesses, enhancing their ability to identify patterns and analyse consumer trends
Operating internationally, Xanadu has grown quickly and the company currently employs over 100 people.
Taoiseach Enda Kenny announced the new jobs at the company's headquarters at Blackpool this morning.
Mr Kenny also attended a ceremony to mark the beginning of construction on a 200,000sq.ft office block at Albert Quay in Cork.
Developer John Cleary is investing €50m to create the city centre's biggest office development.
