The building will house Xebeo's office and electronic lab space. The company is a pre-IPO start-up that is developing the next generation of Internet switching systems. The firm's engineers are working on new technology aimed at enabling carriers to deal with demands for higher access speeds and better networking quality.
Cited by Xebeo officials in the site selection decision were the proximity of other high-tech companies and the related labor pool, as well as the property's existing infrastructure.
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