Global Tech Company Announces New Innovation, Design Hub in Richardson Innovation Quarter

New Hampshire-based Allegro MicroSystems said Richardson's new innovation and design center will serve as a hub for Allegro's sensor and power integrated circuit R&D efforts.

"We're excited to be contributing to the growth of the community and ecosystem for innovation while tapping into local talent," says Allegro SVP Suman Narayan.

The IQ Richardson Innovation District

A major global player in sensing and power solutions for motion control and energy efficient systems announced it plans to open a new design center in the Richardson Innovation Quarter.

Suman Narayan [Courtesy photo]

Manchester, New Hampshire-based Allegro MicroSystems said the new innovation and design center will serve as a hub for Allegro’s sensor and power integrated circuit research and development efforts. It said the office will further its mission to develop semiconductor chips that support a safer and more sustainable future.

“We’re thrilled to be opening our newest design center in Richardson,” Suman Narayan, SVP of products at Allegro, said in a statement. “The city’s strong talent pool and technology-focused community make it the perfect location for our newest design center. We’re excited to be contributing to the growth of the community and ecosystem for innovation while tapping into local talent.”

Tapping into the tech talent pipeline

The Richardson Innovation Quarter – also known as Richardson IQ or The IQ – is a 1,200-acre urban district that serves as the city’s living laboratory for big ideas and groundbreaking innovations. In addition to the city’s thriving innovation district, Richardson’s status as home to The University of Texas at Dallas offers a direct line to top engineering, science, and business talent, the company said.

The Richardson office will open in the spring and initially will focus as a Sensors and Power Integrated Circuit Innovation and Design Center.

With an existing employee base in the Dallas-Fort Worth region, the company said it plans to grow its local workforce as much as three times over the next few years by hiring engineering leadership in analog design, testing, systems engineering, applications, and product marketing.

“We are thrilled to welcome Allegro to Richardson with the opening of its newest design center in The IQ,” Richardson Mayor Paul Voelker said in a release. “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’s thriving technology sector. We look forward to a long and successful partnership.”

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