RICHARDSON, TX-Today, Taqua Systems Inc., a class 5 switching platform for convergent voice and data networks, opens doors on a 46,000-sf software engineering and customer service facility in Richardson’s Telecom Corridor.

The facility, situated at 1705 N. Plano Rd., will house Taqua’s research and development and customer service divisions for its Open Compact Exchange next-generation Class 5 access switch. For two years, the firm has been operating out of a smaller facility also in Richardson.Company officials say the move will support a software development expansion and beef up its staff. Taqua currently employs 220 in Richardson and its corporate headquarters in Hyannis, MA, but is planning to hire another 180 in the next year. By this year’s end, the firm plans to add 75 more professionals in a doubling of its Richardson staff.

“The wealth of telecommunications and engineering talent available in the Telecom Corridor will accelerate Taqua’s efforts to further enhance the OCX and develop future generations of Class 5 access switching technologies,” says Don Pratt, Taqua’s CFO. The OCX is its flagship product. Taqua’s chief technical officer, Bill Pennington, says the Telecom Corridor’s synergy has “been a crucial contributing factor” in the firm’s success.

Earlier this year, Taqua undertook a project to expand corporate campus, breaking ground on an operations and manufacturing facility. That structure is slated to deliver in December. Formed two years ago, Taqua has raised more than $83 million in venture capital funding.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.