California-based Network Testing Company Relocates HQ To Valley, Plans Manufacturing Facility
Viavi Solutions Inc., a network and telecommunications equipment manufacturer, announced on Wednesday that it has moved its headquarters from San Jose, California to Arizona.
Viavi (Nasdaq: VIAVI) is currently operating out of a temporary corporate office in Scottsdale, but will migrate the head office to a new manufacturing facility in Chandler. The manufacturing hub will produce the company’s optical security and performance products.
Viavi is not yet disclosing where the facility will be located, but it expects to employ at least 100 people by 2022.
The company offers network test and monitoring solutions as well as “light management solutions” for applications in 3D sensing, anti-counterfeiting, consumer electronics and the defense industry. For example, it makes the sensors that register motion in Microsoft’s Xbox Kinect video game systems.
Viavi currently has over 3,600 employees spread across 50 locations in 22 countries. It is the second tech company to shift its HQ from San Jose to the Valley just this year.
Lower taxes and a lower cost of living has made Arizona a popular destination for companies to relocate and for inbound migration. Even before the pandemic, people moving to Arizona from California represented 23% of all inbound residents over more than a decade.
Oleg Khaykin, the president and CEO of Viavi, shared his excitement in a written statement.
“As a global company, the right locations have been critical to our business success, and we have always contributed to the communities where we operate. We are excited to establish a major new hub in Chandler, Arizona and expand our involvement in the state’s optics ecosystem.”
Chandler Mayor Kevin Hartke said the city is an ideal fit for the company.
“Chandler continues to make the short-list for exciting headquarters and manufacturing projects due to our supportive business climate, talented workforce, and quality of life. We are thrilled that Viavi chose Chandler and we are confident that our community offers the ideal environment to scale their business,” he said in a written statement.
Viavi ranked on the Silicon Valley Business Journal’s list of largest public companies, with $1.13 billion in revenue in 2019, which was up 29% from the previous year. It reported $1.14 billion in revenue in fiscal year 2020. Those figures would safely land Viavi in the top 30 largest public companies in Arizona.