Munich, Germany-based software company Mangold International GmbH announced it will establish a U.S. subsidiary in Atlanta, following a meeting with Georgia Gov. Sonny Perdue, who visited the company during his European trade mission last week.
Mangold develops software for child development, animal behavior, psychology, usability engineering, aerospace design and training, as well as military simulation and training analysis.
The company plans to open its $3 million Atlanta investment this summer with five employees and expects to hire 10 or more technical support and sales engineers in the next five years.
According to the governor’s office, Mangold chose to locate in Atlanta because it is a developing engineering center, and it has major clients here, such as Georgia State University and Emory University. From Atlanta, the firm plans to expand its business from developing software for universities to providing products for industry, government and military technology.
The company will serve its clients throughout the United States, South America and Canada from the Atlanta location.
Mr. Perdue’s delegation reported that the German high tech industry is interested in growing its presence in Georgia.
Updates on Mr. Perdue’s trade mission can be found at www.stateofgeorgiamissions.com.