Austin, TX
ABBYY Relocating Global HQ To Texas
ABBYY, an intelligent document processing, process intelligence, and intelligent automation provider, is relocating its global headquarters from California to Austin, Texas. The company is joining other leading tech companies like Google, Apple, Tesla, and Oracle in the region’s growing “Silicon Hills.”
The move is part of a broader transformation, with new leadership talent and streamlined operations. ABBYY’s Silicon Valley office in Milpitas, California, will remain open.
“ABBYY has empowered thousands of organizations worldwide to digitally transform their business with purpose-built AI for intelligent automation. As a leader, we are constantly transforming and trying to improve ourselves,” commented Ulf Persson, CEO at ABBYY. “Relocating our headquarters to Austin, where our product leadership team already is, places us at the heart of a growing tech ecosystem. Together with our development centers in the U.S., India, and Hungary, we’re tapping into top global talent in AI, machine learning, and product development to drive our next phase of growth and innovation.”
The headquarters relocation comes as ABBYY continues to invest in AI, bringing in new leaders and refining its product and customer operations: Hopeful Owitti is joining the company as Vice President of Customer Experience, Nick Hyatt will become Vice President of Engineering, and Roman Kilun has been appointed Chief Compliance Officer.
“Our move to Austin represents a significant milestone in ABBYY’s transformation,” commented Patrick (PJ) Jean, Chief Technology and Product Officer at ABBYY. “By bringing our product teams closer to our leadership, we will be fostering the collaboration that strengthens our innovation and delivery of AI-driven solutions, ensuring our products continue to lead the market in intelligent automation. I’m excited to work closely with Hopeful, Nick, and the ABBYY leadership team as we as we push forward on this journey of growth and innovation that also includes expansion of our global development centers in India and Hungary.”
Check out all the latest news related to Texas economic development, corporate relocation, corporate expansion and site selection.
HOUSTON, Texas — The NHL is looking to start the expansion process in Texas, with Austin and Houston as potential targets, sources told ESPN on Tuesday.
The expansion news is being discussed at the NHL’s board of governors meeting, which is being held on Tuesday in New York.
The NHL went from 30 to 32 clubs when it added the Vegas Golden Knights (began play in 2017-18) and Seattle Kraken (debuted in 2021-22). The expansion fee for Vegas was $500 million and for Seattle was $650 million.
Earlier this month at the Stanley Cup Final, NHL commissioner Gary Bettman reiterated that the league has fielded calls from across North America from prospective cities and owners who are interested in bringing in an NHL franchise.
SEE HERE: It’s official: Aeros hockey team leaving Houston at end of season
Bettman has previously told the board of governors that any potential expansion team would likely come with at least a $2 billion fee for it to make sense.
The league has seen record revenues this season — projected to be between $7.5 billion and $8 billion. The NHL salary cap is set at $104 million for the 2026-27 season, a $8.5 million increase from this past season.
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Austin, TX
Adobro’s Filipino-Fiesta-meets-Texas-Dancehall “Right Here, Right Now” Album Release Party
AUSTIN, Texas – Barton Springs Pool will reopen to visitors this week.
What they’re saying:
The City of Austin said the pool will reopen on Tuesday, June 23, for the early morning regularly scheduled “swim at your own risk.”
The pool had closed on June 15 due to severe weather.
City staff removed large tree branches, aluminum cans, fishing hooks, and other debris from the water.
The team also cleaned off decks and reinstalled the diving board in preparation for the pool’s reopening.
The Source: Information from the City of Austin
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