Video-equipment vendor Harmonic will relocate its corporate headquarters from Sunnyvale, Calif., to a 188,000-square-foot facility in San Jose in August 2010.
Harmonic said the move to the new facility at 4300 North First Street in San Jose will provide "an outstanding work environment" for employees and will let the company gain significant cost savings and business efficiencies. The company employs approximately 475 people who work at its Silicon Valley headquarters, and an additional 375 employees around the world.
Harmonic will lease the three-story building from The Carlyle Group, which purchased the building along with 4400 North First Street in June 2007. The buildings were originally owned by Cisco Systems; IBM now occupies 4400 North First Street.
The building will accommodate Harmonic's headquarters operations as well as a research and development facility. The company said exterior and interior construction and upgrades to the building will begin this month.
A ribbon-cutting ceremony at the new location is scheduled for 11 a.m. Thursday with San Jose Mayor Chuck Reed, Harmonic president and CEO Patrick Harshman, and other local officials.
"The City of San Jose is pleased to welcome Harmonic to its new corporate headquarters facility," Reed said in a statement. "We are delighted to see this shell turned into a vibrant corporate headquarters, anchoring a growing cluster of video-delivery technology companies located in North San Jose. We look forward to seeing Harmonic continue to grow and thrive in San Jose."
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