Friday, April 17, 2015

Intellian opens second R&D facility in Seoul Technology Valley

In International Shipping News 17/04/2015

Intellian
Intellian, the leading provider of stabilized marine satellite antenna systems, has opened a second R&D center in Seoul’s Technology Valley, in conjunction with the relocation of its administrative office from Gangnam. Intellian’s commitment to innovation and intelligent design is at the forefront of the decision to expand its R&D capabilities and relocate the company’s key administrative functions. The location selected is not only strategically closer to the company’s recently expanded state-of-the-art Innovation Center but also at the heart of Korea’s Pangyo Techno Valley. Pangyo Techno Valley is at the leading-edge of the high-tech industry combining future-oriented technologies within a global R&D innovation cluster.
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Eric Sung, Intellian CEO, commented, “It is time for the next chapter in Intellian’s growth strategy. Bringing together functions like marketing and sales alongside our R&D teams will add an important synergy to the business. The move to Panygo will also see Intellian positioned as part of this dynamic, world-class R&D cluster with the ability to take advantage of the superior infrastructure, manpower training and networking opportunities that are available.” Sung continued, “Expansion so far, is at almost 400 percent of that of the previous Gangnam office, and we still have immediate plans to recruit a further 30 plus engineers. The new location will further support our efforts in attracting the world-class R&D and support staff that we need to grow the business. The Pangyo Techno Valley will provide Intellian with the best environment to optimize its technological competitiveness as we look to the future.”
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Intellian is a company built on better ideas and one that places innovation at the center of its business. The opening of the second R&D center is the latest investment in innovation for the company that invests 10 percent of its revenue in R&D activities and has 30 percent of its workforce involved in product development. Intellian’s move to Panygo will ensure it is a part of the best possible business environment for cutting-edge innovation with access to a strong talent pool of world-class R&D professionals.
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Source: Intellian