Optoma has opened its new European headquarters to celebrate 20 years of making projector and audio products. Attended by the UK’s secretary of state for Work and Pensions David Gauke MP, the Hemel Hempstead HQ was officially opened on September 29.
Since it opened in 1997, Optoma EMEA has grown market share and outgrown its premises in Watford. It moved to the new site on September 8, creating job opportunities for people across Hemel Hempstead and the wider area. The region now employees around 140 staff and is looking to recruit more in the coming 12 months.
Now with almost 14 per cent market share, Optoma is one of the top three projector brands across the EMEA region. In the last two decades the company has introduced numerous pioneering products, including the revolutionary DVD all-in-one projector in 2005 (DV10) and the world’s first Pico projector, PK101, which won Time Magazine’s product of the year in 2008. Optoma has expanded its business into audio with the acquisition of the acclaimed Californian consumer audio company, NuForce, in 2014.
EMEA managing director Thierry Millet said that the move to the new HQ will allow the company to continue to develop new ‘future-focussed’ products. “We have always prided ourselves on our ability to develop products that are future-focused. For 20 years, we’ve been listening to our customers and creating the solutions they need.” said Millet. “These purpose-built facilities reflect our confidence in the future. With our core values of reliability, innovation and customer focus, we will maintain this momentum to offer even better products and solutions into the next two decades.”
Gauke, MP for South West Hertfordshire added: “Successful international companies, like Optoma, are important to the UK for driving growth, creating jobs and contributing to our economy. The success of the economy relies on innovation and innovative companies, like Optoma. We need to trade with the rest of the world and show the UK is open for international business, and I am delighted to welcome Optoma to my constituency.”