Another tech company, ABBYY, yanks HQ from Bay Area to Texas
Briefly

ABBYY's relocation to Austin seeks to align the company with a dynamic tech ecosystem, enhancing collaboration between its product teams and leadership, according to CEO Ulf Persson.
Patrick Jean, the chief product and technology officer, describes the headquarters shift as a 'significant milestone' in ABBYY's transformation strategy and aims to increase the stature of the product team.
Gina Ray explains that no employees from the Milpitas office will be required to relocate, emphasizing that the intention is to foster collaboration and tap into Austin's tech talent.
The relocation to Austin reflects a trend of tech companies moving to Texas, influenced by major players like Tesla relocating their operations to enhance their presence in the state.
Read at SFGATE
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