Three hundred new jobs and $6 million in capital improvements are on the horizon at MicroStrategy.
The software company has renewed the lease for its headquarters at 1850 Towers Crescent Plaza in Tysons Corner. Eight hundred people currently work at MicroStrategy’s headquarters and Washington, D.C. had been trying to lure the company to its side of the Potomac.
“We have chosen Fairfax County, considered the East Coast center of technology innovation, for its proximity to the nation’s capital, a vibrant business community, access to several international airports and Metro’s Silver Line, and an incredibly diverse and highly educated workforce,” says Michael J. Saylor, MicroStrateg’s CEO. “While we are a leading BI software company with staff deployed around the world, having our headquarters in Tysons, Virginia has given us quick access to stellar businesses and federal organizations in the region, many of whom are MicroStrategy customers. We are delighted to be part of this dynamic and growing local community.”
MicroStrategy is a worldwide provider of enterprise analytics and mobility software, with more than 4,000 customers across all major industries.
“The relationship between MicroStrategy and Fairfax County, Virginia has produced great benefits both for the company and for this Commonwealth,” said Governor Ralph Northam in a news release. “We are proud of the Commonwealth’s continued partnership with MicroStrategy, and thank the company for choosing Fairfax County and Virginia for this important expansion.”
The Virginia Economic Development Partnership worked with the Fairfax County Economic Development Authority to secure the project for Virginia. Former Governor McAuliffe approved a $1-million grant from the Commonwealth’s Opportunity Fund to assist the County with the project. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
“For more than two decades, MicroStrategy has been one of Fairfax County’s most prominent technology-based employers as it led development of business intelligence and analytics, so I am delighted to thank the company for choosing to stay and grow here,” said Gerald L. Gordon, Ph.D., president and CEO of the Fairfax County Economic Development Authority. “MicroStrategy is a prime example of the kind of company that can take advantage of the diversified technology ecosystem we have developed in Fairfax County and the tech-savvy workforce here.”