Moov Technologies Celebrates Grand Opening Of New Headquarters In Tempe

TEMPE, AZ (June 9, 2023) – Moov, the world’s largest and fastest growing marketplace for used semiconductor equipment, today celebrated the grand opening of its new headquarters in Tempe, Arizona. Moov will occupy the entire 16th floor of state-of-the-art new office space at 100 Mill, spanning about 32,000-square-feet. The new space will accommodate Moov’s growing headcount which more than doubled in 2022 and is expected to grow by another 50-75% in greater Phoenix this year. Moov’s new headquarters will support 180 new jobs.

Moov leadership celebrated the grand opening alongside Governor Katie Hobbs, Tempe Mayor Corey Woods, Arizona Commerce Authority (ACA) President and CEO Sandra Watson, the Greater Phoenix Economic Council (GPEC), community leaders and Moov employees.

"The opening of Moov’s new headquarters here in Tempe is the culmination of years of hard work and collaboration,” said Governor Katie Hobbs. “Moov joins a growing list of bold, cutting edge companies who are strengthening Arizona’s economy and putting us ahead of the global competition."

“Arizona continues to do an excellent job incentivizing chipmakers to invest in building and expanding locally,” said Steven Zhou, CEO and Co-Founder, Moov. “It is critically important that, once here, chipmakers have the infrastructure and partners they need to be successful. We see Moov as substantially contributing in this capacity by enabling manufacturers to reliably, securely, and efficiently procure current and mature semiconductor equipment as well as recoup value on surplus and idle tooling.”

“We are excited to celebrate the launch of Moov’s new headquarters in Tempe,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “Moov has been an incredible partner working to advance the U.S. and Arizona’s semiconductor ecosystem. We’re grateful for Moov’s commitment to our state, enhancing our reputation as an epicenter for innovation.”

“The grand opening of Moov’s new headquarters in Tempe marks another milestone for the thriving semiconductor ecosystem in Greater Phoenix,” said Chris Camacho, President and CEO of the Greater Phoenix Economic Council. “Moov plays a vital role in supporting the growth and success of local chipmakers and we are proud to partner with them in driving the continued expansion of this region’s semiconductor industry.”

“Tempe is known for innovation. Moov is truly a forward-thinking company and will be a welcome addition to our thriving technology community,” said Tempe Mayor Corey Woods. “We appreciate Moov’s investment in Tempe and the jobs the company will bring to our city.”

As the largest global marketplace for semiconductor manufacturing equipment, Moov is an intrinsic part of the burgeoning local semiconductor industry. Moov announced Tempe as the site of its new headquarters in 2022 after relocating from California in 2021.

Moov has helped local manufacturers buy and sell millions of dollars in pre-owned manufacturing equipment in the past year. Moov helps manufacturers easily and reliably buy and sell equipment to nimbly scale. In addition to local manufacturers, Moov creates value for an ecosystem of partners. Through Moov’s aftermarket suite, Moov ensures a seamless end-to-end procurement process while offering third party partners like refurbishers, logistics providers, insurers, access to global demand and insights to better adapt their services to fit the semiconductor industry.

To learn more about Moov’s marketplace for pre-owned semiconductor equipment and white-glove equipment remarketing services, please visit www.moov.co.

Media Contacts
Jillian Kushner, Moov, [email protected]

Alyssa Tufts, Arizona Commerce Authority, [email protected]

Kris Baxter-Ging, City of Tempe, [email protected]

About Moov Technologies Inc.
Headquartered in Tempe, Arizona, and Austin, Texas, Moov is a technology-driven marketplace and asset management platform that matches buyers and sellers of pre-owned semiconductor manufacturing equipment. Built by a team with more than 50 years of experience in the manufacturing equipment brokerage industry, Moov’s platform ensures accurate listings and faster transactions. CEO Steven Zhou and Managing Director Maxam Yeung co-founded the company in 2017. To learn more, please visit Moov.co.

About the Arizona Commerce Authority
The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy. The ACA uses a three-pronged approach to advance the overall economy: attract, expand, create - attract out-of-state companies to establish operations in Arizona; work with existing companies to expand their business in Arizona and beyond; and help entrepreneurs create new Arizona businesses in targeted industries. For more information, please visit azcommerce.com and follow the ACA on Twitter @azcommerce.

About the City of Tempe
Tempe makes waves as a technology and business magnet, an inclusive, caring community and a hub for recreation and adventure. Located in the heart of the Greater Phoenix Metropolitan Area, Tempe is home to Arizona State University, the famous Mill Avenue and Tempe Town Lake. For more information, visit tempe.gov.