German software company SAP plans to combine its North Texas operations in a single Addison office, moving about 1,000 employees from its office in Plano and from SAP Concur's office in Allen, the Town of Addison announced Thursday.
The company will lease space at Spectrum Center, 5080 Spectrum Drive, and expects the office to open in mid-2027. Addison said the site will hold regional business operations and software development, plus a center where business customers can see and test SAP products, including its artificial intelligence tools.
On Oct. 13, Addison's council approved an incentive deal for SAP: as much as $500,000 as a grant toward capital investment, plus further incentives tied to performance, according to the town. The announcement did not say what targets SAP must meet to earn them.
Acram Group, which owns Spectrum Center, has put about $30 million into building improvements and tenant amenities, the town said.