Item 2. Properties
Item 2. Properties
During 2019, we initiated a plan to consolidate and reduce the number of our facilities worldwide. This included plans to provide a new customer experience center for product demonstration and training, relocate and consolidate our laboratories, server farms and Cloud service infrastructure, and condense research and development, sales, marketing, business operations and administrative functions into our new Plano, Texas office. We relocated our corporate headquarters to the new Plano, Texas office in February 2021.
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As of December 31, 2022, we maintained the following principal facilities:
Location Principal use Lease expiration
Plano, Texas (a) Corporate headquarters, sales, marketing, research and development/engineering, customer support, general and administrative September 2032
Westford, Massachusetts Research and development, customer support, general and administrative August 2028
Ottawa, Canada (b) Research and development/engineering, customer support, general and administrative December 2029
Petah Tikva, Israel (Main Campus) (b) Research and development/engineering, sales and marketing, customer support, general and administrative January 2025
Petah Tikva, Israel (Kshatot) (b) Service, research and development/engineering, supply chain October 2023
Bangalore, India (Delta) Research and development/engineering, customer support, general and administrative October 2024
Bangalore, India (Alpha) Research and development/engineering, customer support, general and administrative December 2023
(a) The Company's relocation of its corporate headquarters to this facility was completed in the first quarter of 2021.
(b) A portion of this facility was not in use at December 31, 2022; a portion of this unused space is currently being subleased as part of a restructuring initiative that covers the entire unused space.
We also lease smaller office space under 50,000 square feet in various countries around the world for sales, marketing, research and development/engineering, and customer services and support staff, as well as for warehouse purposes. We are exiting certain of these facilities. We believe our remaining facilities will be adequate for our current needs and that suitable additional space will be available as needed.
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