Foster announces 76 new jobs at Belfast-based Latens Systems
Enterprise Minister Arlene Foster has announced that Belfast-based Latens Systems Limited is to more than double its workforce with plans to create 76 new jobs.
Latens Systems, part of international technology company Pace Plc, develops advanced security software for set-top boxes, PC's, tablets, smartphones, connected TV's and other communications devices.
Invest NI has offered Pace Plc £472,500 of support towards the creation of 76 cutting edge software development jobs by Latens Systems.
Invest NI has also offered additional support of £282,500, including part funding from the European Regional Development Fund, towards a £1million research project into the development of a core Latens content security and unified rights management product.
Arlene Foster said: “The 76 new jobs will be very high quality, generating over £2.7million annually in additional salaries, and will result in up to 120 people being employed by Latens at Pace Plc’s Belfast site.
“The Latens name is globally renowned as a leader in the development of content security solutions, a fact which was recognised in 2010 when the company received a Queen’s Award for Enterprise for outstanding success in international markets.
“Today’s announcement will cement Latens Systems’ position in key markets, ensure the firm can meet increasing demand from key clients and invest in R&D to further enhance its highly innovative product portfolio.”
Carmi Bogot, President of Latens Systems said: “Belfast is the core of our company, the people are highly skilled, and motivated, developing some of the most advanced products and solutions available worldwide, including our award winning Titanium platform. In expanding our team here, we are offering opportunities at a range of levels, from graduate to experienced software professionals.
“Research and development remains central to our growth strategy and as consumer technology and communications devices continue to evolve, Latens is committed to anticipating market needs and ensuring that we continue to operate at the forefront of content security.”