The company is preparing to move its corporate headquarters there from Los Angeles.
Los Angeles-based Boingo Wireless Inc. is preparing to move its corporate headquarters to North Texas by opening an office with roughly 250 employees atThe Star in Frisco.
The company plans to invest $1.48 million in the approximately 15,000-square-foot office, according to Texas Gov. Greg Abbott. The state will provide a $517,400 grant to assist with the move.
Founded in 2001, Boingo designs, builds and manages wireless networks at majorvenues around the world, including O’Hare and Los Angeles International airports, the Hollywood Bowl, Soldier Field in Chicago and State Farm Arena in Atlanta. It also works with the U.S. Department of Defense to provide wireless services at military locations.
It was valued at about $855 million in 2021 when it was acquired by Boca Raton, Fla.-based digital infrastructure investment firm Digital Colony.
The company has about 30 employees in Texas and plans to recruit for a number of roles at the new office and across the state, with a focus on workers with experience in network, cloud, edge computing, Internet of Things, data analytics, business development and account management.
“Boingo’s new office location in Frisco will bring more good-paying jobs and brighter opportunities for hardworking Texans in our state’s growing tech industry,” Abbott said in an announcement. “I look forward to an ongoing partnership with the company as they prepare to relocate the company’s headquarters to North Texas.”
The Frisco Economic Development Corporation board approved an agreement for performance-based incentives in support of Boingo’s relocation to Frisco, said Frisco EDC spokeswoman Emily Pollard. The organization declined to provide further details.The company will maintain regional hubs in Los Angeles, New York, Chicago and Las Vegas.
Boingo CEO Mike Finley said the Frisco office is “a strategic move” that will support its “ability to attract and retain top talent.” No timetable was provided for the corporate headquarters move.
“It will allow us to connect deeply with regional key customers, engage with their communities and understand their unique needs,” Finley said in a statement
Among those regional customers is the Omni PGA Frisco Resort, the centerpiece of a major golf-related development that includes the PGA of America’s headquarters. In February, Boingo signed a deal with Omni PGA Frisco to create its cellular network. The golf resort is scheduled to open in the spring.
“This relocation is a major win for our city’s economic development. Innovation is a strategic focus for Frisco,” said Mayor Jeff Cheney. “Welcoming Boingo elevates our position among Smart Cities as a leader in 5G technology.”
Written by: Natalie Walters