Telecom company ShoreTel to double size of Austin workforce
ShoreTel Inc., a publicly traded provider of IP telephone systems, plans to hire about 90 more employees at its Austin office in 2010 and 2011.
Currently, Sunnyvale, Calif.-based ShoreTel (Nasdaq: SHOR) employs 90 people at its regional office in Austin. ShoreTel will add about 90 employees in Austin specializing in engineering, customer service, training and development, says Kevin Gavin (top photo), the company’s vice president of marketing.
“As we open new offices abroad and add employees at all of our locations, our Austin facility is where the majority of our employee headcount growth will occur,” Gavin tells AustInnovation™.
For more information about job openings at ShoreTel, click here.
ShoreTel leases nearly 30,000 square feet at 6500 River Place Blvd. in Northwest Austin. The company opened its Austin location in August 2008.
“We’re very happy with our decision to expand our company in Austin and in other locations throughout the world,” Gavin says. “The business community in Austin has been very welcoming, and we’ve been quite successful in hiring some of the best and brightest talent in the industry who live [in Austin] or who are excited about relocating to Austin.”
On Aug. 18, ShoreTel will hold a grand opening and ribbon-cutting ceremony in Austin. The ceremony will celebrate ShoreTel’s newly renovated and expanded Austin location and its plans to double the workforce here. The event will be from 1-2:30 p.m. in Suite 200 of Building 5 at 6500 River Place. John Combs (bottom photo), chairman and CEO of ShoreTel, is scheduled to attend.
Among the company’s reasons for expanding in Austin are:
- Proximity to corporate headquarters in Silicon Valley.
- Strong work ethic.
- Attractive cost of living and cost of doing business.
- Deep pool of high-tech talent.
In the third quarter of fiscal 2010, ShoreTel posted revenue of $37 million, up 19 percent from the third quarter of fiscal 2009.
“In our third quarter, we achieved our highest revenue in company history and shipped our millionth phone,” Combs says.
ShoreTel has projected revenue of $41 million to $42 million for the fourth quarter, which ended June 30. The company will announce fourth-quarter results Aug. 11.
Aside from its headquarters in Silicon Valley and its office in Austin, ShoreTel has offices in the United Kingdom, Germany and Australia. Overall, the company employs about 530 people.
In an April call with Wall Street analysts, ShoreTel executives said the company added 42 employees during the third quarter, including 14 new hires in sales. Many of the new sales representatives came from ShoreTel’s competitors, Combs said. ShoreTel ended the third quarter with 125 employees in sales.
To watch a TV interview with Combs, click here.
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