Photo credit: Heather Lee, Southern Flair Photography

Ikon Technologies, owned by longtime local businessman and UTA alumnus Sam Mahrouq, recently celebrated their office expansion with a ribbon cutting ceremony on Aug. 16. The innovative start-up software developer serving the auto dealership industry will remain in Arlington, with expanded capacity for high-wage job opportunities and major revenue growth over the next several years.

"We are impressed with Ikon Technologies' software development team - and very pleased to see them stay in Arlington. It's even better that they plan to make improvements to their headquarters, continue adding staff, and to brand their unique product as 'Designed in Arlington, Texas,’” said Marty Wieder, executive director of the Arlington Economic Development Corporation (EDC).

The Arlington EDC will provide a $7 million grant as part of a 15-year agreement with the Ikon. In return, Ikon will maintain its headquarters in the city, grow the total number of employees from 116 to a minimum of 266 workers and participate in annual outreach to UTA students and graduates for employment opportunities, among other conditions of the agreement. Business retention and expansion is a key component of the City’s economic development strategic plan.

According to Ikon Technologies’ CEO, Sam Mahrouq, the office remodel includes an open concept environment and workstations nurturing collaboration and fostering creativity, which embodies the company’s forward-thinking ethos.

“Ikon Technologies has established itself as a leader in the tech industry, with our Arlington headquarters playing a pivotal role in our success. The strategic location in Arlington allows us to leverage the vibrant local community and its pool of talent, driving our innovative projects forward,” said Mahrouq.

“As Ikon Technologies continues to grow, our Arlington office stands as a testament to our achievements and presence within the industry. The ongoing contributions of our team are a clear indication of the bright future ahead.”