US technology firm to create 20 jobs in £2.5m R&D drive
An American technology company is investing £2.5m in a new research and development initiative in Belfast with the creation of over 20 jobs in the next few years.
M/A-COM Technology Solutions, which employs 13 people at an office in New Forge Lane, aims to broaden the company's global market reach by developing new components and other products in the specialist areas of microwave integrated circuits and power amplifiers.
Invest NI has offered support of almost £700,000, part funded by the European Regional Development Fund, towards the investment.
Dr Andrew Patterson of M/A-COM Tech UK said that the move demonstrates the company's loyalty to Northern Ireland.
"The Belfast centre has been a key research and development operation for the company, successfully developing a number of specialist components for the semiconductor market," he said.
"This investment further reflects the commitment and confidence that the M/A-COM Tech group has in the centre and its long-term future."
Enterprise Minister Arlene Foster welcomed the announcement.
"This investment in R&D will pave the way for an expansion of the M/A-COM Tech design centre in Belfast, which aims to increase its employment from 13 to 23 full-time high quality workers by the end of 2015.
"Innovation is at the heart of M/A-COM Tech UK's success and the new products and applications developed through this R&D project will establish more high-value and unique lines of business for the company," she said.
"M/A-COM Tech UK is an excellent example of an international high-tech company that recognises the quality of skills available in Northern Ireland, our cost-effective working environment and the contribution that these can make to long-term business success."
M/A-COM Tech UK formerly traded as Mimix Broadband before joining the M/A-COM Tech group in 2010, and recently completed a strategic training programme with support from Invest NI to help enhance its overall capability and value within the M/A-COM Tech group.