As Austin waits for Amazon’s decision about where it’ll put its second headquarters, another multibillion-dollar company is moving its top offices to the Capital City. Resideo Technologies Inc., a brand-new spinoff of Honeywell International Inc., says it’s shopping for office space in the Austin metro area for its headquarters. Honeywell, based in New Jersey, is a Fortune 100 technology and manufacturing conglomerate that posted revenue of $40.5 billion in 2017. Resideo, now based in the Minneapolis-St. Paul metro area, would become the largest publicly traded company in the Austin area, moving ahead of the current leader, chipmaker Cirrus Logic Inc. The new headquarters will staff about 100 people, with some being new hires and others coming to Austin as transferred employees.
Full Article here: Austin named headquarters of new billion-dollar tech company as city awaits Amazon HQ2
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