Ex­pan­sion plan leads to new of­fice move for cy­ber tech firm

Belfast Telegraph - Business Telegraph - - News - BY MAR­GARET CAN­NING

CY­BER tech­nol­ogy firm Ti­tan IC has said it’s moved into new of­fices in re­sponse to growth and ex­pan­sion plans.

Ti­tan IC, led by Noel Mckenna, has moved to of­fices at Con­course One at Cat­a­lyst Inc in Ti­tanic Quar­ter in Belfast.

The firm, which has around 20 staff, has de­vel­oped ad­vanced tech­nol­ogy to de­tect cy­ber threats on high-speed net­works.

It li­censes its in­tel­lec­tual prop­erty to tier-one cy­ber se­cu­rity com­pa­nies in Sil­i­con Val­ley and Is­rael for use in prod­ucts such as next gen­er­a­tion fire­walls.

And the tech­nol­ogy has also been au­tho­rised for use by semi­con­duc­tor com­pa­nies.

Now Ti­tan IC has said it’s hop­ing to dou­ble its team over the next two years, and is hop­ing to take on more en­gi­neers.

The firm has said that Belfast is be­com­ing “the lead­ing cy­ber se­cu­rity hub for Europe” with an ex­ten­sive tal­ent pool and ex­cel­lent ed­u­ca­tion sys­tem.

“Belfast also ben­e­fits from an ex­cel­lent time zone sit­ting neatly be­tween Sil­i­con Val­ley, Is­rael, Asia and Europe.”

Chief ex­ec­u­tive Mr Mckenna said: “We are de­lighted to be mov­ing to our new mod­ern of­fice in Con­course One while stay­ing within the tech hub of the North­ern Ire­land Sci­ence Park.

“The new and en­hanced space sup­ports Ti­tan IC’S am­bi­tion to create a first-class work­place for our em­ploy­ees and also a wel­com­ing en­vi­ron­ment for our cus­tomers.

“With ex­cit­ing projects in the pipeline for 2019, we look for­ward to at­tract­ing the best tal­ent to our team to con­tinue this suc­cess and grow the busi­ness to its full po­ten­tial.”

The com­pany was formed in 2007 as a spin-out of re­search in sil­i­con tech­nol­ogy for faster and safer in­ter­net data pro­cess­ing by ex­perts at Queen’s Univer­sity.

In 2014 the com­pany an­nounced a £1.4m in­vest­ment cre­at­ing 18 jobs.

At the time eco­nomic de­vel­op­ment agency In­vest NI of­fered £495,069 to sup­port Ti­tan IC’S re­search and de­vel­op­ment ac­tiv­i­ties and £64,650 to­wards its in­vest­ment in man­age­ment, staff and mar­ket­ing.

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