A computer file-sharing firm has announced plans to establish its international operation centre in Dublin.
Taoiseach Enda Kenny revealed that Dropbox is opening its first base outside the United States in the capital.
The firm provides a free service which allows users to easily access and share documents, photos and videos from anywhere in the world. Several positions in multilingual sales, account management and user operations will be created, with staff due to support Dropbox users across Europe.
Mr Kenny said Ireland has become the European hub for many of the world's leading digital companies. He said: "The arrival of a top cloud company like Dropbox indicates Ireland's growing capacity to usher in the next generation of internet companies. Ireland has many advantages to offer international companies, including our young, passionate and talented workforce, all of which will be a great asset to Dropbox as they make their new home in Dublin."
Drew Houston, chief executive and co-founder of Dropbox, said the new Dublin operation centre makes the company better positioned to serve even more people locally while it continues to grow. "We're delighted to be closer to millions of our European customers," Mr Houston said.
The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland. Dropbox said it plans to create between 30 and 40 jobs next year and aims to expand operations in the future.
Dropbox was founded in 2007 by Mr Houston and Arash Ferdowsi, two students tired of emailing files to themselves to work from more than one computer.
U2 frontman Bono, who was an early investor in the company, welcomed its move to Dublin. He said: "Dropbox is one of the great tech stories of recent times. Meeting Drew and Arash is like meeting guys in a band. This smart and innovative company will find a smart and innovative workforce here in Ireland, with a creativity and commitment second to none. The Irish Government worked hard on this, and the IDA played a blinder."
Elsewhere, healthcare provider Centric Health said it will create 200 jobs at 10 new centres. The first is due to open in Newbridge, Co Kildare, next February, with new builds also under way in Celbridge on the Navan Road. About 50 are expected to be filled within the first year and include medical, paramedical and administrative posts.
Jobs Minister Richard Bruton said the substantial capital investment and the associated jobs by investment by partner Metric Capital Partners (MCP) - the European private capital group - were positive news. He said: "It is an indication that Irish companies providing innovative solutions and services can attract investment and grow in the current economic climate."