Governor Beverly Perdue said it will mean new good paying jobs.
"Three hundred and fifty new jobs over the next five years. A couple million dollars investment in Cary and North Carolina. And this investment, I'm told, will triple the size of your existing force here," said Perdue.
And the new jobs in areas like software engineering, product management, marketing, operations and customer support roles will pay well.
"About an average salary of about $90,000, which I think is about double the Wake County average today," Michael Lipps with LexisNexis explained.
LexisNexis has customers in more than 100 countries with 15,000 employees worldwide.