The Richardson office is situated in Richardson’s Innovation Quarter, a 1,200-acre district aimed at attracting and retaining technology companies and startups. According to company officials, the Richardson office will act as a “sensors and power integrated circuit design center,” helping the company with research and development efforts in creating semiconductor chips.
As part of the move, company officials said they plan to grow its local workforce as much as three times over the next few years, hiring in positions such as engineering, design and product marketing.
When it announced plans to open the Richardson office in January, Allegro officials cited the number of other technology companies in the area and the talent pipeline created by The University of Texas at Dallas as reasons for expanding to the city. The publicly traded company has U.S. offices in Massachusetts, Michigan and Oregon along with international offices in South America, Europe and Asia.