{"id":725970,"date":"2023-01-25T20:03:06","date_gmt":"2023-01-26T01:03:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/allegro-microsystems-announces-opening-of-new-rd-center-in-greater-dallas\/"},"modified":"2023-01-25T20:03:06","modified_gmt":"2023-01-26T01:03:06","slug":"allegro-microsystems-announces-opening-of-new-rd-center-in-greater-dallas","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/allegro-microsystems-announces-opening-of-new-rd-center-in-greater-dallas\/","title":{"rendered":"Allegro MicroSystems Announces Opening of New R&amp;D Center in Greater Dallas"},"content":{"rendered":"<h2>\nNew Richardson, TX Office in Innovation Quarter Enables Development of New Semiconductor Integrated Chips (IC) for Electric Vehicles<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>Manchester, NH, USA, Jan.  25, 2023  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6ibJOLyTwKnCmNgVktlrCKbcfJ-MelTDRCAKbwEXKmnr5FVUH_tT2L2zzDPYP8lP608KjqhHzqvumT4RqhuptOdVJAftTD80IUDYa9e6xkg=\" rel=\"nofollow noopener\" target=\"_blank\">Allegro MicroSystems, Inc.<\/a> (\u201cAllegro\u201d) (Nasdaq: ALGM), a global leader in sensing and power solutions for motion control and energy efficient systems, is proud to announce plans to open a new U.S.-based office located in Richardson, Texas. In addition to creating new job opportunities for the local community, the company\u2019s newest innovation and design center will serve as a hub for Allegro\u2019s Sensors and Power Integrated Circuits research and development efforts, while furthering the company\u2019s mission to develop semiconductor chips that support a safer and more sustainable future.<\/p>\n<p>Establishing roots in the heart of the metroplex, Allegro is excited to be joining other notable businesses within the Richardson Innovation Quarter \u2013 also known as <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BeVQQcwo0MaDW3oW12dMdlPYodMCz6i_6UB4zATZIz1ND5Xm2tKtJGEkrXJGflCcfFdTfuEt-24CPvpaU6uuSA==\" rel=\"nofollow noopener\" target=\"_blank\">Richardson IQ<\/a>\u00ae or The IQ<sup>\u00ae<\/sup> &#8211; a 1,200-acre urban district that serves as the city\u2019s living laboratory for big ideas and groundbreaking innovations within Texas\u2019 premier technology corridor. In addition to the city\u2019s thriving innovation district, Richardson\u2019s status as home to The University of Texas at Dallas offers a direct line to top engineering, science, and business talent. <\/p>\n<p>\u201cWe are thrilled to be opening our newest design center in Richardson,\u201d said Suman Narayan, Senior Vice President Products at Allegro. \u201cThe city\u2019s strong talent pool and technology-focused community make it the perfect location for our newest design center. We are excited to be contributing to the growth of the community and ecosystem for innovation while tapping into local talent.&#8221;<\/p>\n<p>Opening in the Spring of 2023, the Richardson office will initially focus as a Sensors and Power Integrated Circuit Innovation and Design Center. With an existing employee base in the Dallas-Fort Worth (DFW) Metroplex, the company plans to grow its local workforce as much as three times over the next few years by hiring engineering leadership in analog design, test, systems engineering, applications, and product marketing. <\/p>\n<p>&#8220;We are thrilled to welcome Allegro to Richardson with the opening of its newest design center in The IQ\u00ae,&#8221; said Richardson Mayor Paul Voelker. &#8220;Their pioneering technologies are redefining the future of sensing and power innovations, and their decision to invest in our community and create new jobs is a testament to the strength of our local economy and the abundance of talent here. This move is another vote of confidence in our city\u2019s thriving technology sector. We look forward to a long and successful partnership.&#8221;<\/p>\n<p>\n        <b>About Allegro MicroSystems<br \/><\/b>Allegro MicroSystems (Nasdaq: ALGM) is redefining the future of sensing and power technologies. From green energy to advanced mobility and motion control systems, our team is passionate about developing intelligent solutions that move the world forward and give our customers a competitive edge. With global engineering, manufacturing and support, Allegro is a trusted partner to both large enterprises and regional market leaders worldwide. Visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fQ-QzNP1NTkzB9bDfxOa9gctRWhzLXDL_piSmJVVMD1VJDSaPLjDspPGRiFDtVbsO3AmyCDRYo3R25MBcAD-t98QGXuDzH1NCdXzESneo34=\" rel=\"nofollow noopener\" target=\"_blank\">www.allegromicro.com<\/a>. <\/p>\n<p>\n        <b>About the Richardson Innovation Quarter<br \/><\/b>The Richardson Innovation Quarter, also known simply as Richardson IQ\u00ae or The IQ\u00ae, is a 1,200-acre urban hub in Richardson, Texas, with a rich heritage of innovation and entrepreneurship. As Texas\u2019 premier tech hub, The IQ\u00ae is the City of Richardson\u2019s living laboratory for big ideas and groundbreaking technology. The IQ\u00ae has historical significance as a home to Richardson\u2019s leading technology and telecommunications firms making up the heart of the larger Telecom Corridor\u00ae area. Today it is home to Argo Data, Digital Realty, Ericsson, Honeywell, id Software, Raytheon, Siemens, Verizon and a multitude of smaller nano and other technology operations. In addition, corporate research and development, manufacturers, educational institutions, nonprofit organizations, restaurants, entrepreneurs, designers, researchers, inventors, educators and students also represent a prominent presence within The IQ\u00ae. The Richardson IQ\u00ae comprises more than half of Richardson\u2019s businesses and is home to 20 percent of the community\u2019s employment base. For more information, visit richardsoniq.com.<\/p>\n<p align=\"center\">###<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczNTgyNCM1MzcyNTcwIzIxOTI3MTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MjkyNmIzYTUtZTRhMy00OGY3LTg4MmEtMTg1NGI1ZjBhZWUxLTEyMDQyNjg=\/tiny\/Allegro-MicroSystems.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Brett Perry\r\nShelton Group Investor Relations\r\n+1-214-272-0070\r\nbperry@sheltongroup.com\r\n\r\nTyler Weiland\r\nShelton Group Public Relations\r\n+1-972-571-7834\r\ntweiland@sheltongroup.com\r\n\r\nJalene Hoover\r\nAllegro Microsystems\r\n+1-512-751-6526\r\njhoover@allegromicro.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Richardson, TX Office in Innovation Quarter Enables Development of New Semiconductor Integrated Chips (IC) for Electric Vehicles Manchester, NH, USA, Jan. 25, 2023 (GLOBE NEWSWIRE) &#8212; Allegro MicroSystems, Inc. (\u201cAllegro\u201d) (Nasdaq: ALGM), a global leader in sensing and power solutions for motion control and energy efficient systems, is proud to announce plans to open a new U.S.-based office located in Richardson, Texas. In addition to creating new job opportunities for the local community, the company\u2019s newest innovation and design center will serve as a hub for Allegro\u2019s Sensors and Power Integrated Circuits research and development efforts, while furthering the company\u2019s mission to develop semiconductor chips that support a safer and more sustainable future. Establishing roots in the heart of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/allegro-microsystems-announces-opening-of-new-rd-center-in-greater-dallas\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Allegro MicroSystems Announces Opening of New R&amp;D Center in Greater Dallas&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-725970","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Allegro MicroSystems Announces Opening of New R&amp;D Center in Greater Dallas - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/allegro-microsystems-announces-opening-of-new-rd-center-in-greater-dallas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allegro MicroSystems Announces Opening of New R&amp;D Center in Greater Dallas - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New Richardson, TX Office in Innovation Quarter Enables Development of New Semiconductor Integrated Chips (IC) for Electric Vehicles Manchester, NH, USA, Jan. 25, 2023 (GLOBE NEWSWIRE) &#8212; Allegro MicroSystems, Inc. (\u201cAllegro\u201d) (Nasdaq: ALGM), a global leader in sensing and power solutions for motion control and energy efficient systems, is proud to announce plans to open a new U.S.-based office located in Richardson, Texas. In addition to creating new job opportunities for the local community, the company\u2019s newest innovation and design center will serve as a hub for Allegro\u2019s Sensors and Power Integrated Circuits research and development efforts, while furthering the company\u2019s mission to develop semiconductor chips that support a safer and more sustainable future. 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(\u201cAllegro\u201d) (Nasdaq: ALGM), a global leader in sensing and power solutions for motion control and energy efficient systems, is proud to announce plans to open a new U.S.-based office located in Richardson, Texas. In addition to creating new job opportunities for the local community, the company\u2019s newest innovation and design center will serve as a hub for Allegro\u2019s Sensors and Power Integrated Circuits research and development efforts, while furthering the company\u2019s mission to develop semiconductor chips that support a safer and more sustainable future. 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