DIGITAL ENTERTAINMENT technology provider DTS is to create up to 50 new jobs in Limerick.
DTS manufactures software for surround-sound music systems, PC and game console products and is to establish its European headquarters at the National Technology Park in Plassey, close to the University of Limerick campus.
A new company - DTS Licensing Limited (DLL) - will be established and will take responsibility for a range of activities including management, licensing, marketing and finance.
DLL will also manage the DTS global client licensing programs.
Minister for Defence Willie O'Dea made the official announcement of the 50 new jobs yesterday.
The positions will be created over the coming months across a variety of functions and 10 posts have already been filled, according to the company.
"This investment by DTS, a globally recognised and leading international technology company, is a significant win for Ireland.
"Ireland faced stiff competition from a number of European locations for this investment and it is encouraging to see that we hold our position as a premier location for such a critical investment by a global company," Mr O'Dea said.
DTS first introduced its audio technology in 1993 with the release of the blockbuster feature film Jurassic Park.
Jon Kirchner, president and CEO of DTS Inc said the new European headquarters in Limerick would enable the company to enhance its service to international customers.
