Tuesday, May 02, 2006

Visual Numerics moves to Texas

In a strange and slightly rambling press release, Visual Numerics explains that it is moving its headquarters from California to Texas, along with some comments about corporate strategy that are so vague as to be almost meaningless.

There are some suggestions as to the benefits of Texas, from density of Fortune 500 companies, to the value of the oil industry and presence of universities. But no real coherence to the case or conviction in any of the points.

I think that this may just be a case of reducing office rent costs and hoping that if you talk enough, people will think you have said something interesting about why.

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