Recent California expansions into Richardson
January 28, 2015
REDP has focused its recruitment efforts on California the past year. Here is a summary of three California companies who recently expanded to Richardson and the reasons behind their decisions.
This Emeryville, CA-based healthcare analytics solutions company relocated its North Texas data hub to Richardson in September. According to Chairman and CEO Andrew Hurd, “Richardson was a perfect choice for MedeAnalytics because of its long-standing focus on innovative solutions and insights for the world's leading tech companies. The location also gives MedeAnalytics proximity to UT Dallas, which will be a pipeline of future talent for the company.” MedeAnalytics moved 100 employees to the new campus in September with plans to continue adding more.
Headquartered in Milpitas, CA, e2v inc., (parent company e2v Global is HQ in the UK) provides high-performance systems and equipment for electronic systems in civil aerospace, defense, space, industrial and other high-reliability markets. e2v announced its plans to expand into Richardson in November. Its campus will serve as an initial North Texas operation for the company’s growing high-reliability semiconductor solutions business. Some of the key reasons Richardson was selected was the available talent in the semiconductor industry, a central time zone and DFW International Airport, and a lower cost of business in Texas. Some relocated California companies have reported a savings of as much as 25% to 35%, mostly attributable to lower personnel and real estate costs.
Based in Santa Barbara, CA, Inogen Inc
., an oxygen therapy equipment manufacturer and services provider, expanded into Richardson
in May 2012. Inogen invented a portable, lightweight oxygen concentrator for patients affected with lung conditions. Inogen chose Richardson for several reasons: its central location in the Dallas-Fort Worth area, diverse and skilled workers at a lower cost than in California, a large inventory of light industrial space with expansion capabilities (they’ve already expanded twice), and the rich transportation infrastructure for distribution throughout the U.S.