−Removed: During 2019, we initiated a plan to consolidate and reduce the number of our facilities worldwide.
−Removed: 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.
−Removed: We relocated our corporate headquarters to the new Plano, Texas office in February 2021.
+Added: We continue to consolidate and reduce the number of facilities we operate worldwide.
As of December 31, 2023, we maintained the following principal facilities:
−Removed: Location Principal use Lease expiration
+Added: Location Location Lease expiration
Plano, Texas (a) Corporate headquarters, sales, marketing, research and development/engineering, customer support, general and administrative September 2032
1 unchanged sentence
Ottawa, Canada (b) Research and development/engineering, customer support, general and administrative December 2029
−Removed: Petah Tikva, Israel (Main Campus) (b) Research and development/engineering, sales and marketing, customer support, general and administrative January 2025
−Removed: Petah Tikva, Israel (Kshatot) (b) Service, research and development/engineering, supply chain October 2023
−Removed: Bangalore, India (Delta) Research and development/engineering, customer support, general and administrative October 2024
+Added: Petah Tikva, Israel (Main Campus) (b)(c) Research and development/engineering, sales and marketing, customer support, general and administrative January 2025
+Added: Petah Tikva, Israel (Kshatot) (b)(c) Service, research and development/engineering, supply chain January 2025
+Added: Bangalore, India (Delta) (d) Research and development/engineering, customer support, general and administrative October 2024
Bangalore, India (Alpha) Research and development/engineering, customer support, general and administrative December 2028
−Removed: (a) The Company's relocation of its corporate headquarters to this facility was completed in the first quarter of 2021.
−Removed: (b) A portion of this facility was not in use at December 31, 2022;
−Removed: a portion of this unused space is currently being subleased as part of a restructuring initiative that covers the entire unused space.
−Removed: 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.
−Removed: We are exiting certain of these facilities.
+Added: (a) A portion of this facility was not in use at December 31, 2023 and is being marketed for sublease.
+Added: (b) A portion of this facility was not in use at December 31, 2023 and some of the unused space is being subleased.
+Added: (c) We plan to consolidate and relocate our office space in Israel.
+Added: A new lease was signed in 2023 for a building under construction in Petah Tikva.
+Added: Buildout of the space to our specifications will begin in mid 2024 with occupancy expected in 2025.
+Added: (d) We plan to renew this lease through January 2028.
+Added: We also lease smaller spaces that are each under 50,000 square feet for our staff in various countries around the world in sales, marketing, R&D/engineering, customer services and support, as well as for warehouse purposes.
We believe our remaining facilities will be adequate for our current needs and that suitable additional space will be available as needed.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.