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AUSTIN, TX -- (Marketwired) -- 06/07/13 -- SolarWinds, Inc. (NYSE: SWI) today announced the signing of a lease agreement for the company's new corporate headquarters in Southwest Austin. SolarWinds, a leading provider of powerful and affordable IT management software, expects to move into its new space at 7171 Southwest Parkway (formerly AMD's Lonestar Campus) in early 2014.
SolarWinds is the first company to sign a lease on the property since AMD sold its campus earlier this year. The 13-year lease is for approximately 230,000 square feet in buildings on the Campus with options to expand.
Austin-based since 2006, SolarWinds builds software products that are designed to make IT professionals' jobs easier. The software portfolio addresses a broad range of IT management problems, from basic network availability and performance monitoring to emerging challenges such as cloud computing, BYOD and Big Data. This past October, Forbes named SolarWinds the "Best Small Company in America," citing high-functioning products for low cost and impressive company growth. The company employs more than 900 people worldwide, with more than 350 in the Austin-area.
"We are very excited that we identified a new location for our corporate headquarters that will accommodate our current and future growth plans," said Kevin Thompson, president and CEO, SolarWinds. "Austin has been our home for eight years now, and the city's large talent base and affinity for innovative businesses has given us a great growth environment. It was important for us to remain here, to continue to grow here, and be a part of this community."
About SolarWinds
SolarWinds (NYSE: SWI) provides powerful and affordable IT management software to clients around the world, ranging from Fortune 500 corporations to small businesses. In all our market areas, our approach is consistent. We focus exclusively on IT professionals and strive to eliminate the complexities they have been forced to accept from traditional enterprise software vendors. SolarWinds offers this commitment with surprising simplicity through products that are easy to find, buy, use and maintain, providing the capability to solve any IT management problem on any scale. Our solutions, based on our deep-rooted connection to our user base, interact in our online community, thwack, in order to troubleshoot, share technology and best practices, and participate directly in the development process of our products. Find out more on our website http://solarwinds.com.
SolarWinds, SolarWinds.com and thwack are registered trademarks of SolarWinds.
Copyright © 2013 SolarWinds Worldwide, LLC. All rights reserved.
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CONTACTS:
SolarWinds, Inc.
Investors:
Dave Hafner
Phone: 512.682.9867
ir@solarwinds.com
Media:
Tiffany Nels
Phone: 512.682.9545
pr@solarwinds.com
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