Tyler Technologies, Inc. Purchases Office Property in Orono, Maine
December 29, 2021 at 03:00 pm EST
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Tyler Technologies, Inc. announced it has purchased the University Inn Academic Suites building in Orono, Maine. Tyler plans to expand its Orono-based workforce, which will accommodate 36 of its team members who currently work out of the Bangor, Maine, office. Once the full renovations are complete, the office will house approximately 75 employees. Tyler’s expansion in Orono will also allow for greater collaboration with the University of Maine. With the new office space in Orono, Tyler plans to provide a shared space to be available to the community during non-office hours. Tyler will also be working closely with the town of Orono to align with its economic development plans.
Tyler Technologies, Inc. is specialized in the development of information management software for the public sector. The group provides software solutions in the areas of financial management, education, jurisdiction, government, planning, regulation, land management, document, data and information management, assessment and taxation, public safety management and cyber security. Net sales break down by source of revenue as follows:
- sales of maintenance services (39.6%);
- sales of subscriptions (27.3%);
- sales of software-related professional services (19.6%);
- sales of licenses and royalties (9.2%);
- sales of valuation and tax software solutions (2.2%);
- other (2.1%): notably sales of computer hardware.
TYLER TECHNOLOGIES, INC. 
