The firm is to set up an IT service hub at its base in Renfrewshire and will gain up to £7 million in Regional Selective Assistance support from Scottish Enterprise to help with the development.
Last year, news that HP would transfer manufacturing operations from the Erskine site to a base in the Czech Republic cast doubt on the future of the facility.
Alex Salmond, the Scottish first minister, commented: 'This government continues to work hard to attract new jobs and investment to Scotland and I am delighted that Hewlett-Packard is creating more than 700 jobs at its Renfrewshire base.'
He also claimed that HP's decision to continue its investment in the site demonstrates Scotland's strong reputation in the IT industry.
Last month, the Welsh Assembly announced that the £40 million High Performance Computing Wales project will increase the county's standing in the supercomputing field.
Last year, news that HP would transfer manufacturing operations from the Erskine site to a base in the Czech Republic cast doubt on the future of the facility.
Alex Salmond, the Scottish first minister, commented: 'This government continues to work hard to attract new jobs and investment to Scotland and I am delighted that Hewlett-Packard is creating more than 700 jobs at its Renfrewshire base.'
He also claimed that HP's decision to continue its investment in the site demonstrates Scotland's strong reputation in the IT industry.
Last month, the Welsh Assembly announced that the £40 million High Performance Computing Wales project will increase the county's standing in the supercomputing field.
