AN American company is bringing 100 new jobs to Waterford. Allstate Sales Group Inc (ASG), a provider of services to the telecommunications industry, is to establish a software development and support centre here, its first outside the US.
The company is also establishing a centre in Sligo, where another 100 people will be employed. The centres will employ technical and professional workers, including software developers, CAD GIS technicians, management, finance and HR staff.
“This is great news for Waterford and the South East,” said Waterford TD John Halligan, Minister of State for Technology.
hugely positive indictment of the region
“It is a hugely positive indictment of the region as being to the fore when it comes to attracting global investment in the technology and engineering sector.
“Indeed, the guaranteed supply of highly skilled engineering graduates from Waterford Institute of Technology was a key factor in ASG’s decision to locate to Waterford, in what is the company’s first expansion outside of the US.
“I have absolutely no doubt that having an institute of the calibre of WIT so close by will be of enormous benefit and will help to strengthen development at ASG.”
Headquartered in New Jersey, ASG was founded in 2008 by President and CEO Anthony Tepedino and has operations in eight US locations, including New York, Pittsburgh, Boston, Tampa and Atlanta, employing 700 people.
Radius acquires Cork-based IT company Fortuity
In a separate development, it has been announced that Waterford’s Radius Technologies has acquired Cork-based IT company Fortuity, for un undisclosed sum.
Radius is one of Ireland’s leading providers of private cloud, VoIP telecoms solutions and IT managed services.
Fortuity provides tailored IT infrastructure, maintenance and communications services to SMEs in Cork and the South West .
Jerry Buckley, MD of Radius Technologies, said the company had been seeking an acquisition in the south west region.
“With Fortuity we found a team with an excellent reputation in the market place,” he said.
“They share Radius’s passion for excellent customer service and information security”.