Dayton Daily News

SOFTWARE FIRM MARXENT MOVING TO AUSTIN LANDING

VR company relocating from Kettering to space in Austin Landing.

- By Thomas Gnau Staff Writer Contact this reporter at 937-2252390 or email tom.gnau@coxinc. com.

Marxent creates content management software and platforms in the $100 billion virtual reality and augmented reality markets, adapting those technologi­es for the homes and home furnishing­s markets.

Marxent will be moving to Austin Landing from its Miami Valley Research Park home in Kettering, a company spokeswoma­n confirmed.

A request has been made for $500,000 in renovation­s to the future office space for Marxent at Austin Landing, according to a Montgomery County building permit.

In the permit, which county government officials made available Monday, the project address is given as 10170 Penny Lane. The contractor is identified as Oswald Co. of Cincinnati. The designer is Moda4 Design, of Dayton.

Austin Landing asset and developmen­t manager VisCap Developmen­t applied for a permit for renovation and commercial work for Marxent Labs, county records show.

Austin Landing is the sprawling, $200 million mixed-used commercial developmen­t on the north side of Austin Boulevard in Dayton, just east of the Interstate 75-Austin exit.

Marxent creates content management software and platforms in the $100 billion virtual reality and augmented reality markets, adapting those technologi­es for the homes and home furnishing­s markets.

In January this year, company officers told the Dayton Daily News that steady growth led the company to expand its Kettering office by nearly 5,000 square feet. JobsOhio metrics at the time showed that Marxent received a $1.5 million growth fund loan for the work. ( JobsOhio is the state’s private developmen­t arm.)

With about 95 workers total in Ohio and Florida — with most of them by far in Kettering — Marxent was looking to add 15 employees in 2018, including an office manager, project managers, software developers and others, said Barry Besecker, Marxent co-founder and chief technology officer.

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