US tech company to establish facility at business park and create 60 jobs

TECH company Altera is to establish its European Shared Services Centre at Cork Airport Business Park in a move that is expected to create 60 jobs over the next five years.

Altera, a San Jose, California-based Nasdaq traded company, is a leading manufacturer of programmable logic devices, one of the fastest-growing sectors of the semiconductor industry.

Tánaiste and Minister for Enterprise, Trade and Employment Mary Harney yesterday announced Altera's commitment to setting up the facility with the support of IDA Ireland.