Andor Technology creates 166 new jobs with 拢18m investment
- Published
Andor Technology is one of Northern Ireland's most successful firms
Belfast-based company Andor Technology is to create 166 new jobs with an 拢18m investment.
The company makes high performance digital cameras for scientific research into medical conditions.
It is a spin-off company from Queen's University, and employs about 230 people in NI. In June, Andor announced a 40% increase in profits on revenue of 拢28.3m.
Company founder Donal Denvir recently made more than 拢3m by selling shares.
He sold 500,000 shares at 615p each. His remaining shares are worth around 拢7m.
Andor's products are sold to hospitals, universities and government labs throughout the world. They are used in the treatment of conditions such as Parkinson's Disease, Alzheimer's Disease and cancer.
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