Copyright 2024 SPARK
Lakeside Software, a leader in business intelligence solutions for IT professionals, today announced the acquisition and opening of a new R&D facility in Ann Arbor, Michigan. This facility will be primarily utilized for product design and development, and will accelerate company growth by making it easier to hire top technical talent from the Ann Arbor metropolitan area. The new facility is fully operational and is located at 112 South Main Street in Ann Arbor; Lakeside’s corporate headquarters will remain in Bloomfield Hills, Michigan.
The company had announced in March 2011 plans to expand in the Ann Arbor area, and had received a Michigan Economic Growth Authority (MEGA) tax credit to help encourage the expansion.
Founded in 1997, Lakeside Software has grown organically without outside investment. The company’s products employ differentiated technology in the form of a patent-protected distributed database architecture for data collection and aggregation that delivers unprecedented depth of information and insight into user experience. Lakeside has also successfully established key partnerships with global systems integrators and technology firms that use the company’s technology to implement desktop transformation and virtualization services. The company was recently designated Technology Company of the Year by Automation Alley, Michigan’s largest technology business association.
“We’re excited to be expanding in Michigan and in the Ann Arbor area. Michigan is technology-friendly and offers a wealth of technology talent that we will employ to drive our continued growth.” Michael Schumacher, founder & CEO, Lakeside Software.
“Ann Arbor SPARK worked with Lakeside Software early on to support the company’s expansion efforts to our region, including working with MEDC and other officials to secure the incentives that emerging companies need to grow. The tech talent here will ensure that Lakeside Software will hit the ground running, quickly ramping up its operations and getting down to business. Long term, the depth of tech talent in Ann Arbor will be a strategic asset for Lakeside Software.” Paul Krutko, President and CEO, Ann Arbor SPARK.