Madge Networks Ltd reports that its Madge Networks Inc US subsidiary is relocating its US headquarters in San Jose to a larger facility to accommodate its continued sales growth, and has subleased 50,000 square feet at 2310 N First Sreet from Unisys Corp with an option on another 50,000 square feet; it currently occupies a 9,000 square foot office near San Jose Airport; Madge currently employs 60 people in San Jose and expects to soon double that number adding manufacturing capabilities, research and development staff, and increasing support in all other functional areas of the business; it had sales equivalent to $33m in 1991, up 70%, and is expecting to more than double revenues in 1992 with over 50% from its North American operations.
