Symantec to create 60 Dublin jobs

US internet security firm Symantec is to create 60 jobs at its European headquarters in west Dublin.

US internet security firm Symantec is to create 60 jobs at its European headquarters in west Dublin.

The company, which produces a broad range of anti-virus software, already employs 725 staff at its Blanchardstown operations.

The new jobs come as part of a major IDA-backed investment in its “authentication services” business, and follows the company’s acquisition of payments protection firm VeriSign last year.

Symantec chief executive Enrique Salem said authentication was now a key growth area for the company.

READ MORE

“The decision to locate this investment in Dublin comes as a result of the success to date of Symantec in Ireland,” he added.

Welcoming the announcement, Minister for Jobs, Enterprise and Innovation, Richard Bruton said: "A significant part of the real Irish economic miracle in the mid/late 1990s was our ability to tap into the global IT boom that was going on at that time.

“If we are to get growth in employment and in the economy again, one part of that will involve relying on our traditional strengths, and today's announcement is a great vote of confidence in our policies,” he said.

The Irish arm of Symantec returned recorded a pre-tax profit of €73 million last year despite seeing revenues decline by 8 per cent, from €1.48 billion to €1.36 billion last year.

The numbers employed by Symantec during 2010 decreased by 138 from 863 to 725.