Accusoft to Expand Headquarters in Tampa
July 14, 2015
Information technology company’s expansion will generate 125 new high wage jobs and $5.25 million in capital investment by 2019
TAMPA, Fla. / July 14, 2015 / Today, Governor Rick Scott announced that Accusoft, a global provider of document, content and imaging solutions, will expand its headquarters in Tampa and create 125 new jobs by 2019. The new jobs will fill a variety of roles in the organization, including software development and engineering, and pay an average annual wage of $75,000.
Governor Scott said, “Companies like Accusoft know Florida’s pro-business climate is the best place to grow and create jobs, and we are excited to announce 125 new jobs for Tampa families today. More than 879,700 private-sector jobs have been created in our state since December 2010, and we will keep working every day to create an environment that encourages business growth so Florida can become the global destination for jobs.”
Headquartered at 4001 N. Riverside Drive in Tampa, Accusoft currently employs 131 people in Florida and also has an office in the Northeast. The company is planning to expand its existing space by up to 25,000 square feet and invest $5,250,000 in the project.
“We’re thankful for the support and teamwork shown by the state of Florida and Hillsborough County to help us grow at an even faster rate,” said Jack Berlin, president of Accusoft. “It means a lot to Accusoft to be given an opportunity to create meaningful, high-paying jobs in the Tampa Bay area. This partnership and support will help us attain our company’s goals while also benefiting the local economy.”
Accusoft was founded in Tampa in 1991 as Pegasus Imaging Corporation. Over the next two decades, Pegasus acquired several companies, spun off a medical imaging division, and made two key acquisitions to further strengthen its imaging and software development businesses. In 2012, the company rebranded itself as Accusoft.
Bill Johnson, president & CEO of Enterprise Florida, Inc., said, “Congratulations to Accusoft on this expansion. It’s great to see companies like Accusoft – partners in our communities for nearly a quarter-century – finding the resources they need for continued success and growth in the IT industry here in Florida.”
Florida is ranked third in the nation for high tech establishments. More than 26,000 IT companies employing 245,700 professionals are located in the state. The Florida High Tech Corridor, anchored by the Tampa Bay region, has been named one of the top tech job hot spots in the United States, and the Tampa metro area is home to approximately 20 percent of Florida’s IT positions. In the past five years, local IT jobs have grown at nearly twice the rate of overall average job growth.
Florida Department of Economic Opportunity Executive Director Jesse Panuccio said, “Accusoft’s expansion in Tampa is another example of the Scott Administration’s business-friendly policies helping a Florida company grow. The successes of companies like Accusoft show the nation why Florida’s flourishing high-tech corridor is quickly becoming a hub for STEM employment.”
The project was made possible through strong partnerships between Enterprise Florida, the Florida Department of Economic Opportunity, CareerSource Florida, the City of Tampa, Hillsborough County and the Tampa Hillsborough Economic Development Corporation.
As part of the project, CareerSource Florida has offered Accusoft performance-based grants for employee training through the Quick Response Training program. Quick Response Training grants are structured to be flexible and responsive to the training needs of new or expanding businesses.
Chris Hart IV, CareerSource Florida CEO and president, said, “The growth of IT innovators like Accusoft emphasizes the value to businesses of Florida’s skilled workforce. Talent attracts talent, and the CareerSource Florida network is delighted to assist companies like Accusoft with expansion efforts.”
“Accusoft is an incredible example of the successful entrepreneurial information technology companies we grow right here in Tampa,” said City of Tampa Mayor Bob Buckhorn. “Over the past twenty-plus years, as they acquired companies and spun off new ones, Jack Berlin and his team have had many opportunities to relocate. They chose to stay here, helped create this city’s booming technology sector, and proved that companies like theirs can attract the best software developers and engineers to Tampa. We’re excited about what the future holds for Accusoft and thank them for creating more excellent jobs for our community.”
“The competition nationwide for information technology companies and the high wage jobs they generate is intense,” said the Hon. Sandy Murman, Chair of the Hillsborough County Board of County Commissioners. “Accusoft’s decision to expand here instead of Massachusetts, where they have another location, speaks volumes about the support and resources they’ve received from Hillsborough County. We’ve raised our game to make sure that fast growing local tech companies are getting the business assistance they need, from startups to the Fortune 500.”
Accusoft joins a growing list of companies headquartered in Tampa and Hillsborough County that have recently made the decision to expand their workforce here, including Ashcomm LLC, Inspirata, Xcelience, ReliaQuest, Tribridge and Laser Spine Institute.
“The information technology industry continues to drive high skill, high wage job creation in Tampa and Hillsborough County,” said Dr. Ronald Vaughn, Tampa Hillsborough Economic Development Corporation Chairman and University of Tampa President. “The collaborative efforts of our universities, technology companies, and government and workforce partners to address the surging need for top IT talent is paying off. Companies like Accusoft are finding a rich pipeline of highly skilled software developers, engineers, and computer network architects and are confidently moving forward with aggressive plans for growth here.”
The Individuals interested in open job opportunities may refer to the company’s website at http://www.accusoft.com/company/careers/.
In April, the Hillsborough County Board of County Commissioners and the Tampa City Council approved a combined local incentive package of $150,000, supporting a commitment of $600,000 from the State of Florida through the Qualified Target Industry (QTI) program. The total QTI allocation of $750,000 will provide the company with support for up to 125 of the new, high-wage positions. The incentives, to be distributed over a period of eight years, are performance-based, meaning funds are only paid after the jobs are created at the wages promised. The incentivized jobs will pay a minimum average wage of $75,000.
Accusoft provides a full spectrum of document, content and imaging solutions as fully supported, enterprise-grade, best-in-class client-server applications, mobile apps, cloud services and software development kits (SDKs). The company’s HTML5 viewing technology is available to the enterprise as Prizm Content Connect, in cloud-based SaaS versions, and in a version optimized for SharePoint integration. Visit http://www.accusoft.com.
About the Tampa Hillsborough Economic Development Corporation:
Tampa Hillsborough Economic Development Corporation is the lead economic development agency for Hillsborough County and the cities of Tampa, Plant City, and Temple Terrace. Established in 2009 as a partnership between the public sector and private corporate investors, the EDC works to develop and sustain a thriving local economy through the attraction, retention and expansion of high wage jobs and capital investment within targeted industry sectors.
The EDC exists because of the generous support of nearly 100 corporations, the Board of County Commissioners of Hillsborough County, and the cities of Tampa, Plant City and Temple Terrace. To learn more, visit tampabayedc.com.
About Hillsborough County:
Hillsborough County, Florida is the commercial and industrial heart of Tampa Bay. The fourth largest county in the state of Florida, Hillsborough is home to nearly 1.3 million residents, with thousands more arriving each year. Its strength is drawn from being one of the most advanced economies and having one of the most educated workforces in the state. Hillsborough County and its three municipalities –Tampa, Plant City, and Temple Terrace — offer a competitive business environment and an abundance of regional assets including Port Tampa Bay, Tampa International Airport, and MacDill Air Force Base. County government is focused on creating economic prosperity for residents and businesses throughout the area. To learn more, visit hillsboroughcounty.org.