Austin software maker Bazaarvoice outgrows HQ, moving to new space

Nov 21, 2014
Austin American Statesman

In a move that will give it room to continue growing, Austin software company Bazaarvoice has signed a lease for a new corporate headquarters in North Austin

Bazaarvoice plans to relocate to Quarry Oaks, a new Class A building at 10901 Stonelake Blvd., by December 2015, company executives said

Bazaarvoice voice will lease 137,615 square feet and be the sole tenant of the four-story building

The new offices provide about 20 percent more office space than the company’s current headquarters on North Capital of Texas highway

Bazaarvoice has 800 employees worldwide, including about 500 in Austin. The new headquarters could accommodate up to 1,000 employees, depending on floor layout and other design considerations, Bazaarvoice CEO Gene Austin said

Founded in 2005, Bazaarvoice sells software that allows businesses to add reviews to their websites and to analyze reviews, ratings, videos and other content posted by customers about their products or brands

Austin said that after the company’s recent challenges, the move positions the company for growth

In July, Bazaarvoice ended an antitrust battle with the federal government over the $168 million acquisition of California-based PowerReviews in 2012. A federal judge ruled that the acquisition violated antitrust regulations and the company agreed to sell the PowerReviews business to Chicago-based Viewpoints LLC for $30 million

“We’ve definitely been through a couple years where it hasn’t all gone as planned, but now we’ve got things heading back in the right direction,” said Austin, who was named CEO in February. “We just generally feel significantly more positive about our future because we’ve got the Department of Justice situation behind us, we’re introducing innovative new products and the business is growing again.”

Austin said Bazaarvoice considered downtown office space, but because of the size requirement and timing, the only options involved occupying seven or eight floors of a building

“That’s just not us,” he said. “What we like about where we’re going is our building will be all Bazaarvoice and we take what we love about who we are and make the building our own.”

The new headquarters will feature an open floor plan to encourage collaboration, and will include a large central space for the company’s weekly all-employee meetings

Austin said the Bazaarvoice’s workforce will likely grow by up to 10 percent each year over the next few years. The company is currently hiring in software development and services

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