A US company that operates some of the world's biggest internet search engines will formally announce the creation of over 200 new jobs in Dublin today.
Around 250 adminstration, marketing engineering and sales staff will be hired for the Dublin offices of Overture Services.
This multimillion euro investment, which is being backed by the IDA, will see the setting up of a new European hub at the East Point Business Park.
It's thought the company was lured to Ireland with the prospect of cheap international telecoms capacity and a supply of skilled technology and marketing staff.
Overture's investment represents the second recent coup for the capital's high-tech sector, which has been ravaged by job losses in the last two years.
Last month the world's most popular search engine Google announced it too would create a European headquarters in the city, creating more than 200 jobs.
The Tanaiste and Minister for Enterprise Trade and Employment Mary Harney TD will make today's announcement.