PHOENIX (AP) -- A software development and marketing company based in Luxembourg has announced plans to open its U.S. headquarters and hire 200 people in metropolitan Phoenix.
Stealth Software CEO Gerard Warrens says Tuesday that the privately owned company will pick a city within two to four weeks where it will locate its new office.
Warrens says the company considered Austin, New York and Silicon Valley, but picked Arizona because it offered a competitive business environment and a skilled workforce.
The firm is looking to hire software developers, sales people and others. As many are 200 "high-quality, well-paying jobs" will be available.
It also wants to do work in the bioscience, aerospace and defense sectors and collaborate in research projects with universities across Arizona.
Arizona Gov. Jan Brewer says the announcement is a sign that Arizona's business environment is becoming more competitive.
"The company's promising technology has global business implications and I am proud that the world will know of its Arizona ties," Brewer said at Tuesday morning's news conference.
Click the video above to watch the entire announcement.