A CORK SOFTWARE company specialising in cloud computing is to create 150 new jobs over the next three years, it has been confirmed.

Quest Software, which is quoted on the NASDAQ stock exchange, will create the new jobs in its finance, software development and renewal, and inside sales over the coming weeks.

The company, which has bases in 23 countries, has been operating from an office in Mahon since just before Christmas, the Irish Examiner reports, and is to set up an international shared services centre in the area over the next three years.

Quest, which already employs over 3,400 and which has a total stock value of $2.44bn as of this morning, said the company has “an ever-increasing global presence which is helping the success of our business.

“Ireland was chosen due to the significant presence of other software technology companies, high-quality infrastructure, availability of experienced and highly-qualified professionals, multilingual talent and pro-business environment,” Silicon Republic quotes CEO Doug Carn as offering.

Quest was founded in California in 1989, RTÉ reports, and has annual revenues of €750m.  The Cork centre will be used to manage the growth of its businesses outside the United States.

There was no after-hours movement in Quest’s share price yesterday.