Northern Ireland continued to benefit from an influx of capital as two major IT players announced additional investment plans this week.
Seagate announced a u50 million expansion plan to its wafer fabrication plant near Londonderry, while Fujitsu announced a u7 million investment in its telecoms plant. The move by Fujitsu will finance the creation of 100 jobs.
The Seagate expansion will create 300 jobs bringing the number to more than 850 by the summer of this year and up to 1,100 by December 1998.
Brendan Hegarty, executive VP of Seagate Technology, said the company made the commitment because of the high quality of its workforce.
'Management and staff at Springtown have responded magnificently to all the ambitious targets set for them. Their contributions to the corporations are reflected in the fact that, today, more than one in 10 of all recording heads in the world's installed disk drives have been made from wafers manufactured in Springtown.' The move follows completion of a u3 million building project announced November.
J Seagate Software is the latest firm to announce an Internet strategy. The firm has secured bundling details with both Netscape and Microsoft for its Crystal data access, reporting and analysis tools.
Seagate is also set to announce support for Oracle's Websystem suite of software under the data company's Web solutions initiative.
Netscape will include a special version of Crystal Reports 4.5 in its Windows NT version of Netscape Livewire Pro, while Microsoft will make a version available for future versions of its Systems Management server.
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