Buys land for new regional office in Texas
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Network Associates Friday said it bought land in Plano, Texas, to build a new regional office and boost its presence in the Southwest.
The software vendor, based in Santa Clara, Calif., said it purchased 15.6 acres of land in Legacy Corporate Park in Plano for the office. The purchase will allow it to capture new opportunities in the Latin American, South American and southwestern U.S. markets, the company said. The price of the land was not disclosed.
The new office will replace the facility that Network Associates leases in the Dallas area. The facility is the company's largest regional office, with 800 employees working in customer support and telesales groups.
Scheduled for completion in early 2003, the new office will hold up to 1,100 employees.
"The time is right for Network Associates to make a long-term investment in the Southwest," George Samenuk, Network Associates CEO and chairman, said in a prepared statement.