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IBM to invest $300 million in new Costa Rica IT center

May 10, 2012

International Business Machines Corp. (IBM) on Thursday opened a new Costa Rica Delivery Center in the province of Heredia, north of the capital.

The company announced it will invest $300 million over the next 10 years and intends to employ up to 1,000 people by 2014, affirming the country’s position as a strategic services hub for the technology giant.

The new facility will support clients in the areas of IT security, data storage, business analytics, cloud computing and other services in demand. Additionally, the center will provide technology capabilities that can anticipate and help prevent fraud and IT hacking.

“With IBM’s state-of-the-art facilities, thousands of Costa Ricans will be able to showcase their talent, pushing Costa Rica further down the path of innovation, knowledge and technology; a path that we have bravely undertaken with courage and commitment, but most of all, with great confidence in the talent of our people,” President Laura Chinchilla said during an opening ceremony held at the America Free Zone.

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