Tech firm announces plans to move from Vancouver to NW Portland


Japan-based Wacom Technology joins other companies moving to Portland; will add employees in coming years.

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BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Japan-based Wacom Technology is planning to move its U.S. headquarters to Portland, and will add employees over the next few years.

The company is currently based in Vancouver, but it intends to take the top three floors of the Pearl West Building in Northwest Portland and will occupy a ground-floor retail space, the Portland Business Journal reports.

Wacom also has naming rights for the building. Wacom is planning to sell its current building in Vancouver, however, some employees will continue to work in Washington as a “regional annex” at its Vancouver Repair Lab. Wacom is a subsidiary of Wacom Company Ltd., which trades on the Nikkei exchange. The company has been in Vancouver since 1989. The move into Portland comes as the Americas location becomes a more global focus for the company and the firm looks to raise its brand profile.

“We really wanted heightened exposure,” said Aaron Atkinson, global COO for Wacom and CFO of the Americas. “People will drive on (Interstate) 405 and see our new building and our sign is huge. It’s important as we leverage into the future and we leverage our brand.”

The company expects to make the move in March 2016.

Relocating to Portland will help bring the company closer to key clients, OregonLive.com reports.

Wacom designs digital pens and electronic drawing tablets for architects, graphic designers and others doing high-end design work on computers. Clients include automakers, apparel designers such as Nike and Adidas, advertising agencies and animators including Pixar and Hillsboro-based Laika.

Wacom also licenses its technology to a variety of tablet manufacturers, among them Samsung, Lenovo and Toshiba. It trades on the Tokyo Stock Exchange and reported $750 million in revenue last year.

The company said the move was not spurred by incentives.

 




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