Coup for Wellington tech company

The Ericsson-Synergy Mobile Internet Applications Centre will have its head office in Wellington, plus an office in Auckland and will possibly expand to other centres. The venture will create around 150 jobs.

Synergy is and information technology and management consultancy and trades on the unlisted securities market.

Technology minister Pete Hodgson says the Ericsson-Synergy venture will strengthen New Zealand's innovation networks and generate millions of dollars in overseas earnings.

"This investment is another step in the transformation of our economy to one in which innovation, technology and skill play a much greater part."

Mr Hodgson says Trade New Zealand has worked extensively with Ericsson over the past year on the potential for expanding the company's R&D activity in New Zealand.

"Today's announcement endorses Investment New Zealand's strategy to focus on technology as a key sector for international investment. Ericsson is a world-leading telecommunications company. This new investment is a vote of confidence in New Zealand as a country willing and able to support high-tech knowledge-based industry."

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