SEBASTIAN — NetBoss Technologies, Inc. will locate its headquarters to an industrial park in the north county off County Road 512 between Sebastian and Fellsmere, company officials announced Thursday.
NetBoss Technologies is the name of the tech firm that had been working anonymously for confidentiality purposes while deciding whether to move to Indian River County or Palm Bay.
“We believe Sebastian is an ideal location for our new headquarters with the high quality of life for employees and access to the high technology talent pool that exists along the Treasure and Space Coasts,” President Jim Odom, a Vero Beach resident, said. “We look forward to becoming part of the business community here.”
The privately held company expects to officially open its operations in the Sebastian Liberty Office Park by early November. A grand opening ceremony will be held at that time.
The company will operate during the interim with transition facilities and support systems negotiated with Aviat Networks and others.
NetBoss Technologies is an established supplier of network management software and service assurance solutions to network operators around the world.
Former and current NetBoss executives, supported by Eureka Growth Capital, recently acquired the unit from Aviat Networks, formerly known as Harris Stratex.
The company initially will hire 55-60 highly skilled employees, and expects that number to grow as the business expands, officials said.
“We were fortunate in having several very attractive locations from which to choose; but in the end, the Indian River County Chamber of Commerce, the Economic Development Council and the County Commission were very convincing regarding the advantages of the Sebastian location,” said Vero Beach resident Tim Keithahn, who will serve as the company’s Chief Financial Officer. “The suitability and availability of the facility were obviously critical considerations, but the support and cooperation we received at every turn was ultimately the deciding factor.”
The firm has received a jobs grant from the county that will pay out $363,000 over three years as the company hires 55 employees who will be paid more than the county’s average annual wage.
NetBoss Technologies expects to make a series of strategic partnering announcements in the coming months, officials said.
The arrangements, many which will be post-acquisition renewals, are intended to re-align NetBoss Technologies with world-class product, integration and marketing partners enabling the company to compete for large, complex projects and maintain broad international market coverage.
For more information about the company, visit www.netboss-technologies.com.
