Around 200 new technology jobs will be created in Newcastle in the latest of a string of inward investment announcements.
Irish firm Version 1 - which provides a wide range of IT services and employs around 2,000 people around the world - is setting up a base in the region, backed with £1m from the North of Tyne Combined Authority.
The move has been welcomed by political leaders in the region, who said it showed the increasing global confidence in the city from investors. It follows a similar announcement earlier this month from American technology company Arctic Wolf, along with inward investment from other overseas firms last year.