Intel has announced plans to invest more that €10 million in a new Information Technology Innovation Centre at its plant in Leixlip, Co Kildare.
The new centre has the support of IDA Ireland under its R&D Capability scheme and will have global responsibility to research and develop innovative leading-edge IT solutions and technology.
The IT Innovation Centre will also undertake collaborative research and develop linkages with colleges and organisations, both in Ireland - Trinity College Dublin, University College Dublin and MIT's Media Lab Europe in Dublin - and outside the country.
Forty experienced IT R&D engineers will work at the centre, which will involve a total investment by Intel of over €12 million.
Intel's Leixlip facility was established in 1989 as the company's sole manufacturing and technology centre in Europe.
After Fab 24 is completed Intel will have made over €5 billion in capital investment in the Irish facility.