MOUNTAIN VIEW, Calif., Jan. 25, 2016 /PRNewswire/ -- Quotient Technology Inc. (NYSE: QUOT), formerly Coupons.com Incorporated, a leader in the digital transformation of the multi-billion dollar promotions industry, today announced that it will expand its Cincinnati operations and open a new office in the Kenwood Collection in Sycamore Township.
The expansion announcement follows the Ohio Tax Credit Authority's (TCA) monthly review and approval of economic development proposals. In the proposal, Quotient has committed to create 100 full-time jobs over the next three years for a total capital investment of $1.5 million.
"We work with the top consumer packaged goods companies and retailers, and have had a presence in the area since 2012," said Steven Boal, founder and CEO of Quotient. "We're excited to be expanding our footprint in Cincinnati where we've had real success hiring top talent."
Quotient's Kenwood Collection office in Sycamore Township will replace the current office in Mason and will be led by Chad Summe, Quotient's Vice President of the Central Region. The office in Mason started with three senior executives in 2012 and now has 60 full-time employees. The expected move-in date is June 2016.
"A growing piece of Greater Cincinnati's economy is powered by our information technology companies," said Kimm Coyner, managing director, project team and JobsOhio at Regional Economic Development Initiative (REDI) Cincinnati. "We're thrilled Quotient committed to the region to scale its business, drive the economy and create full-time jobs."
Quotient, whose main consumer brand is Coupons.com, is headquartered in the heart of Silicon Valley and has seven offices worldwide. Most recently, Quotient added an office in Paris that came with its acquisition of Shopmium, a mobile shopping and receipt scanning cash-back application platform.
About Quotient Technology Inc. Quotient Technology Inc. (NYSE: QUOT), formerly Coupons.com Incorporated, is a leading digital promotion and media platform that connects brands, retailers and consumers. We distribute digital coupons and media through a variety of products, including: digital printable coupons, digital paperless coupons, coupon codes and card linked offers. We operate Retailer iQ, a real-time digital coupon platform that connects into a retailer's point-of-sale system and provides targeting and analytics for manufacturers and retailers. We also power digital coupon initiatives in online marketing campaigns -- including display and video advertising. Our distribution network includes our flagship site, Coupons.com, approximately 30,000 third-party publishers, as well as our mobile applications, Coupons.com, Grocery iQ, Shopmium, and those of our many partners. Clients include hundreds of consumer packaged goods companies, such as Clorox, Procter & Gamble, General Mills and Kellogg's, as well as top retailers like Albertsons-Safeway, CVS, Dollar General, Kroger, and Walgreens. Founded in 1998, Quotient is based in Mountain View, Calif., and is bringing the multi-billion dollar offline promotions industry into the digital world. Learn more about the company at http://quotient.com.
SOURCE Quotient Technology Inc.