It’s anticipated that 20 news jobs will be created over the next three years through the purchase of Cork start-up software company OceanModus.
Dutch firm ATS BV recently acquired the local company for an undisclosed sum, with the co-founders, Desmond Savage and Thomas Wycazawski, to become directors of the new subsidiary, renamed ATS Ireland.
The company was set up in 2009, developing paperless Manufacturing Execution Systems (MES) software for SMEs in the domestic medical device and pharmaceutical industries.
The new investment in the company will enable job creation at ATS Ireland as it targets the food and beverage sector, and moves to the export market.