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My Pal Comes to Town

Paypal has opened a technology center in Austin at 7700 West Parmer Lane. The new and first office in Texas will be run by Director/General Manager Terence Spielman.

In a quote to the Austin Business Journal, Spielman said “we firmly believe the strong pool of talented technology professionals here in Austin will help expand the backbone of PayPal services to ensure that businesses and individuals can make secure online payments anytime and anywhere.”

The center will employ around 100 by the end of this year with the goal of having 300 on staff by the end of 2009.