ALLEN – NetScout Systems Inc. is relocating its regional research and development office from Plano to One Bethany at Watters Creek.
The cybersecurity and business intelligence provider has leased the three-story, 145,000-sf building, which is part of a larger office complex, from Dallas-based Kaizen Development Partners.
NetScout plans to move its 500 employees to the new facility next summer on completion of the building.
Allen Economic Development Corp. gave NetScout the equivalent of a ten-year, 50 percent tax abatement and some additional assistance with the cost of developing the parking garage.
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