Enterprise Minister Arlene Foster has announced that US software company Vello Systems, Inc. is to create 71 new jobs in Belfast with support from Invest Northern Ireland.
Vello Systems, Inc. which is based in Menlo Park, California, develops highly innovative technology which is used, primarily by the Large Enterprise sector, to provide solutions for data centre networking.
Making the announcement, Arlene Foster said: “Vello is a newly established, highly dynamic company which is working at the cutting edge of networking technology. Once all the jobs are in place, they will generate over £2.4 million annually in salaries which is yet another important and welcome boost to the local economy.
“Vello was identified as a potential source of new investment by Invest Northern Ireland over a year ago and I am pleased to say that the team was able to work closely with senior management to secure this investment, despite strong competition from other European locations.”
Of the 71 new jobs, over half will be software engineers working on R&D activities. The remainder will carry out a range of marketing, customer service and business development activities. Invest NI has offered Vello £710,000 of support.
Karl May, CEO Vello Systems, said: “We decided to visit Belfast last year and were greatly impressed, not just with the infrastructure, talent pool and strong R&D base, but also with the genuine support and financial incentive offered by Invest NI.
“Our client base already includes some highly influential financial services companies which demand only the most advanced and effective technology available. Northern Ireland will allow us to capitalise on the opportunities for our products in that sector and provides us with a location close to target markets in Europe.”
Things to know about Vello Systems
Vello Systems’ software defined architecture allows the network to act as a dynamic pool of resources for ever changing application requirements to speed deployment and increase agility. Vello Systems eliminates the complexity of connecting storage and compute systems to improve overall IT performance, reliability, and cost effectiveness. Vello’s open networking solutions, with standard programming interfaces, integrate seamlessly into leading IT solutions. The Vello family of products is built around the VellOS operating system and OpenFlow enabled hardware from an ecosystem of partners. Vello’s solutions have been deployed with blue chip Fortune 500 customers in mission-critical environments. Founded 2009 in the Silicon Valley, Vello Systems is privately held. For further information, please visit www.vellosystems.com .