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Geomagic finds bigger home as business expands

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A Triangle technology company is moving to new office space nearly three times the size of its previous headquarters as its business continues to expand.

Geomagic, which makes software that helps create 3-D models, expects to move into 32,200 square feet on Davis Drive in Morrisville by Monday. Some renovation work will continue through October as the company adds amenities such as employee relaxation areas.

There also will be more space to showcase the company's 3-D imaging and printing technology, as well as examples of how customers are using its products.

"It will help create a new level of energy and activity," said CEO Ping Fu.

Geomagic closed several overseas research offices two years ago and moved some jobs back to this country. The company also continues to hire and now employs about 150 people.

"We just completely ran out of space and we're on top of each other," Fu said.

That expansion spurred a search for a bigger home. Geomagic had been in about 14,000 square feet of space in Research Triangle Park.

Fu said officials wanted to move to the American Tobacco Campus in downtown Durham, but couldn't get a large enough spot. Fu declined to comment on specific financial terms, but said that Geomagic got a much better deal on rent by subleasing space in the Keystone Office park.

The software made by Geomagic, based in Research Triangle Park, turns physical objects into realistic 3-D models to analyze how to make improvements. Customers include Ford, Harley-Davidson, Fisher Price and more.

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About the blogger

Assistant Business Editor Alan M. Wolf joined the N&O in 1999 covering the business of health care. He became an editor in 2001, and helps oversee the paper's daily business coverage and Sunday Work&Money section. He lives in Clayton with his wife and two children. Reach him at 919-829-4572 or e-mail him.
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