The company supplies integrated planning, scheduling, telematics and ticketing systems for buses, trams and trains.
The new development is INIT's first operations centre outside Germany.
It is expected to include the provision of up to 20 additional high-skilled jobs in the areas of software development, in C++ and C#.
Minister for Business, Enterprise and Innovation, Heather Humphreys TD said: "I was delighted to see INIT choose to locate their first operation outside of Germany in Maynooth. Their plans to create a world-class software development centre in Kildare will result in the creation of an additional 20 highly skilled jobs. The Government has been making strenuous efforts to ensure that we have the right conditions in place to meet the needs of leading technology companies such as INIT, and Ireland is now well-established as a vibrant technology hub. This is a great vote of confidence in what we have to offer and I wish the company every success.
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"Ireland with its fast-growing economy is an ideal location for INIT. It excels with its good infrastructure and its qualified specialists. This also is an opportunity to improve the service for our existing customers in Ireland emphasises Matthias Kühn, Director of INIT Ireland."
Welcoming today's announcement, Martin Shanahan, CEO, IDA Ireland, added: "The decision by INIT to locate their operations in Maynooth, Co. Kildare is a huge boost the local economy and points to IDA Irelands success in encouraging client companies to look at developing operations outside of Dublin. I wish INIT every success going forward."
(CM)
