Information technology company Agilysys is moving its corporate headquarters to Alpharetta and could bring about 100 jobs to the area, the company announced earlier this week.
The company, which is based in Cleveland, creates enterprise software and services for hospitals and the retail industry. The majority of its customers are in the United States, but it has support offices in England, Singapore and Hong Kong.
Agilysys didn't immediately return calls for information.
The move is part of a restructuring effort at a time when the company's chief executive officer recently stepped down and it is selling its Technology Solutions Group, which Crain's Cleveland Business said accounted for about 70 percent of the company's revenue for the fiscal year.
Relocating to Georgia will help Agilysis save money by reducing its space needs and put it closer to its Hospitality Solutions Group in Alpharetta and Retail Solutions Group in Greenville, S.C., Crain's said.
“A major theme of the ongoing restructuring is to tighten our cost controls and better align corporate functions with our operating businesses," said James Dennedy, interim president and chief executive officer, in the fourth quarter earnings report Tuesday. "To that end, today we also announced that the Board of Directors has approved a restructuring plan, as well as the relocation of the Company’s corporate functions from Solon, Ohio, to Alpharetta, Ga., during fiscal 2012,” he said.
Al Nash, executive director of Progress Partners of North Fulton Atlanta, an initiative of the Greater North Fulton Chamber of Commerce, said technology companies are coming to the area because of low taxes and an extensive fiber optic system.
"That's a huge sector for us," he said. "We have a high concentration of data centers because of our fiber optics, as well as a good quality of life and low cost of doing business."
About the Author
