VIAVI Solutions Inc. bought 10.8 acres of land in Chandler for $3,650,000, according to the commercial real estate tracking website Vizzda.
The land is located at the southeast corner of McQueen and Queen Creek roads in Chandler.
The seller was MQQC LLC.
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VIAVI announced in February that its Optical Security and Performance Products (OSP) segment plans to establish a new manufacturing facility in Chandler to support growing demand for its technologies. VIAVI also plans to transition its headquarters to the new facility, which is anticipated to house at least 100 employees by 2022. In preparation for this move, the company has already relocated its corporate headquarters to a temporary office in Scottsdale. The company’s San Jose office will continue to operate as a functional center of excellence and sales office.
VIAVI is a global leader in network test, monitoring and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. The company is also a leader in light management solutions for 3D sensing, anti-counterfeiting, consumer electronics, industrial, automotive and defense applications. VIAVI generated $1.14 billion in revenue in fiscal year 2020, and has more than 3,600 employees in 50 locations throughout North, Central and South America, Europe, Africa, the Middle East, and Asia Pacific/Japan/China.
In recent years, VIAVI has seen growing demand for OSP technologies, driving a need for manufacturing capacity expansion as well as for redundant capabilities. In seeking to locate a new facility, the company found that Arizona provided the ideal conditions of being business-friendly, offering a high quality of life at reasonable cost, and providing a strong base of talent. The Optics Valley region of Arizona is a world renowned hub for optics research and VIAVI is an Industrial Affiliate at the University of Arizona Wyant College of Optical Sciences.
“As a global company, the right locations have been critical to our business success, and we have always contributed to the communities where we operate,” said Oleg Khaykin, President and Chief Executive Officer, VIAVI. “We are excited to establish a major new hub in Chandler, Arizona and expand our involvement in the state’s optics ecosystem.”
“Arizona welcomes another headquarters, drawn here by what our state has to offer — a talented workforce, innovation ecosystem, quality of life and more,” said Gov. Doug Ducey. “We thank VIAVI for investing in Arizona, and look forward to their future success.”
“We could not be more thrilled that global industry leader VIAVI Solutions has chosen Arizona as the new home for its corporate headquarters and a manufacturing operation,” said Sandra Watson, Arizona Commerce Authority President & CEO. “Now more than ever, communications and optical technologies are critical for businesses, schools, governments and residents. Arizona provides the ideal platform for VIAVI to continue advancing its innovative products and serving customers worldwide.”
“Chandler continues to make the short-list for exciting headquarters and manufacturing projects due to our supportive business climate, talented workforce, and quality of life,” said Chandler Mayor Kevin Hartke. “We are thrilled that VIAVI chose Chandler and we are confident that our community offers the ideal environment to scale their business.”