US firm creates 60 NI jobs in £4.4m investment


12 Oct 2009

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US firm NaviNet has announced a £4.4-million investment in a new R&D centre in Northern Ireland in a move that will create 60 jobs.

Boston-headquartered NaviNet, which is the largest real-time health-care communications network in the US, is to set up a software R&D centre in Belfast. Invest Northern Ireland has offered £944,000 towards the project.

"NaviNet is a highly innovative company which, over the past 10 years, has developed unique ICT solutions for the health-care industry in the US,” said NI Enterprise Minister Arlene Foster.

“The company has ambitious plans to win new business and significantly increase its revenues over the next several years. After considering a number of potential international locations, its decision to invest in Northern Ireland is a mark of its confidence in this region’s competitiveness and the availability of talented ICT professionals,” she said.

"This investment will deliver over £2 million annually in additional salaries and underlines Invest NI’s ability to secure quality investors for the region.

“NaviNet will join the growing cluster of world-class health-care and ICT companies here and enhance our growing global reputation for excellence,” Foster added.

"NaviNet looked at various options and locations for our new R&D centre, but as a result of discussions with Invest NI and our recognition of the many attractions of Northern Ireland as a good place to do business, notably the quality of the workforce, we decided to invest here,” explained NaviNet’s president and Chief Executive Officer Brad Waugh.

Article courtesy of businessandleadership.com

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