Digital Realty, a company that operates data centers around the world, announced plans on Thursday to move its corporate headquarters from San Francisco to Austin.
It is the youngest company to land and move operations from California to Texas. Among other things, Oracle announced last month that it plans to move its headquarters to Austin. And Hewlett Packard Enterprise announced plans to move its headquarters to Houston.
Founded in 2002, Digital Realty employed 1,550 people in 2019 and had sales of more than $ 3 billion. The company plans to maintain a “significant presence” in the San Francisco Bay Area.
Digital Realty already operates in Texas, dating back to 2002 when its predecessor acquired 2323 Bryan Street, a major regional connectivity hub in downtown Dallas.
Today Digital Realty has more than 30 data centers in Texas covering more than four million square feet and customer capacity of more than 100 megawatts. It also has nearly 20 percent of its North American workforce in the state. It also has a data center in Austin.
In total, Digital Realty has more than 280 data center systems in 49 subways in 24 countries on six continents.
“Its central location, affordable cost of living, well-educated workforce and supportive business climate have all helped make Texas an epicenter for business and technological growth,” said A. William Stein, chief executive officer of Digital Realty, in a press release . “As we continue to make strategic investments to position Digital Realty in the best possible position for long-term growth, we are confident that our expansion in Texas will help us meet the needs of our 4,000+ global customers while adding value to our stakeholders , Employees, to deliver. and the communities we serve around the world. ”
Digital Realty also plans to have 70 percent of its data center projects in Texas powered by wind and solar power by mid-year.
“We are pleased that Digital Realty has selected Texas as the new home for their corporate headquarters and I thank them for their expanded investment in the Lone Star State,” said Governor Greg Abbott in a press release. “Digital Realty joins other global technology leaders and more than 50 Fortune 500 companies headquartered in Texas. Thanks to our young, growing and well-educated workforce and our growth-promoting economic policy, which contributes to the creation of jobs for companies, we see increasing investments by innovative companies. “