City officials welcomes the relocation of World Internet Group to Stockbridge from Atlanta Thursday morning with a ribbon cutting (Special Photo).
From staff reports
STOCKBRIDGE — World Internet Group will be relocating to the city of Stockbridge from Atlanta, and promises to create more than 75 jobs.
The multi-year partnership agreement between the Stockbridge Downtown Development Authority and World Internet Group will lead to the creation of high-tech jobs in areas such as cloud computing, mobile technology and Internet security over a 24-month period.
According to a press release, the World Internet Group is a global leader in the development of cloud, mobile and Internet security technologies, and is a leading acquirer and developer of technology brands, products, services and intellectual property.
The announcement came today during an open house at the new World Internet Group headquarters in the Eagles Landing Corporate Center.
On hand to tour the new facilities and connect with World Internet Group executives were representatives of the Stockbridge Downtown Development Authority, Mayor and Stockbridge City Council, the Stockbridge Urban Redevelopment Agency and members of the local economic community.
“Having World Internet Group choose the City of Stockbridge over multiple other states under consideration is extremely exciting,” said Stockbridge Downtown Development Authority Chairman J.T. Williams in the press release. “World Internet Group CEO Scott Barresi believes in giving back to the community in which he lives and works. We welcome him and World Internet Group to Stockbridge. This is a great win for our city and the south side of Atlanta.”
In recent months, Stockbridge also announced a $15 million fiber-optic project slated to add some 38 jobs to Stockbridge.
The landmark deal will make Stockbridge the headquarters location for Community Broadband, LLC. The project will make for a fiber-optic network that provides advanced broadband and Internet capacity – connecting businesses, government and utility sites as well as public schools with fiber-to-wireless networks.
With a business development office in the Silicon Valley, World Internet Group is privately held and a major investor in technology-related digital assets to include cloud, mobile, Internet security and big data.
The board for World Internet Group chose Stockbridge over 10 other cities for the city’s pro-business and pro-technology focus and leadership, among other factors.
“We could not be more pleased with our decision to headquarter and grow in Stockbridge,” said World Internet Group Founder and CEO Scott Barres in the same press release. “City leadership is very progressive and that’s key for growing companies like World Internet Group. The city’s new fiber-optic project that’s under construction is world-class and will ensure our company has the technical capacity to grow without constraints, and that’s critical in our industry.”
According to a press release, World Internet Group finds value in Stockbridge’s access to Hartsfield-Jackson Atlanta International Airport – the world’s busiest airport when it comes to passenger traffic – as well as the city’s amenities, affordable cost of living, business-friendly climate and current and future economic development initiatives.