Another California company is moving its headquarters to Texas' "Silicon Hills"

This strategic move is part of ABBYY’s broader transformation initiative aimed at reinforcing its position in the competitive AI market.Photo byTomek BaginskionUnsplash

ABBYY, a leader in intelligent document processing and automation, has announced its relocation from California to Austin, Texas, aligning itself with a burgeoning tech hub that includes industry giants like Google, Apple, Tesla, and Oracle. This strategic move is part of ABBYY’s broader transformation initiative aimed at reinforcing its position in the competitive AI market.

The relocation comes at a crucial juncture for ABBYY as it invests in AI advancements and refines its operational strategies. The company has welcomed new leadership, including Hopeful Owitti as Vice President of Customer Experience, who previously led customer care at OutSystems, and Nick Hyatt, formerly of Ionic, as Vice President of Engineering, to bolster engineering and development efforts.