Leicester IBM services centre 'to create 300 jobs'
Technology company IBM is to open a base in Leicester with the creation of 300 jobs over three years.
It will be the first time the US firm has selected a UK site for one of its services centres.
Leicester's mayor Sir Peter Soulsby said the announcement was "excellent news" and would help with the regeneration of the city.
The centre, which will be based in New Walk, is set to employ mainly graduates with technology skills.
David Stokes, IBM's UK chief executive, said: "This investment in job creation aims to inspire the next generation workforce from local technical colleges and universities who will deliver the technology skills needed to drive business innovation in the UK."
Leicester will be the home of IBM's fourth European services centre, with the others in France, Germany and the Netherlands.
A team from Leicester City Council worked closely with IBM last year to persuade the company of the city's suitability.
Sir Peter said: "This move reinforces that Leicester can not only meet the location needs of major businesses, but that it is also a great place to study and work, and to build an exciting future."