Austin, Texas — According to state and local development sources, IBM plans to invest $20 Million to build out 47,000 square feet of new space in Austin. The company plans to occupy the new space at 12829 Parmer Ridge Drive Suite 200 in Austin, on or about November 1, 2026. According to the company website At IBM, work is more than a job – its a calling: To build. To design. To code. To consult. To think along with clients and sell. To make markets. To invent. To collaborate. Not just to do something better, but to attempt things youve never thought possible. To lead in this new era of technology and solve some of the worlds most challenging problems. IBM is a leading cloud platform and cognitive solutions company. Restlessly reinventing since 1911, we are the largest technology and consulting employer in the world, with more than 350,000 employees serving clients in 170 countries. With Watson, the AI platform for business, powered by data, we are building industry-based solutions to real-world problems. For more than seven decades, IBM Research has defined the future of information technology with more than 3,000 researchers in 12 labs located across six continents.

To learn more about IBM, visit http://www.ibm.com/

Company Contact:
Arvind Krishna, Chief Executive Officer
914-499-1900

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