VMware to invest $100-m in India

Most Commented

Unified Communication for your Biz

Improve your contact center performance. See how you can make a difference.

Watch Now

Reach the ICT Community

Engage and build your ICT audience with CIOL online advertising.

Know more

VMware to invest $100-m in India

Opens a new R&D facility in Bangalore; plans to double its development team

CMN Bureau

Monday, March 24, 2008

Email This

Print This

Comments

RSS

BANGALORE, INDIA: VMware, provider of virtualization solutions, today announced the opening of a new R&D facility in Bangalore and an investment of $100 million in India by 2010.

"India is a very significant market and core to our R&D strategy. Virtualization is a biggest growth area in the IT software industry. Emerging markets have huge opportunities. Especially the 'high growth' in India is a major accelerator for us to invest more in India," said Diane Greene, president and CEO of VMware at a press meet here.

The company also announced its plans to double India-based engineering organization to more than 1000 people in the next two years.

The company employs nearly 700 employees, including 500 developers across India.

The new facility, covering an area of 82,000 sq.ft., is the extension of the existing R&D operations in Bangalore and Pune.

It will support new and ongoing research and development across the company's entire product portfolio for desktop and data center virtualization.

"India has both an excellent technical education infrastructure and outstanding people. India is also one of our fastest growing markets and where we have increasingly important system integrator partners. For these reasons, we are now substantively increasing our investment in India," she added.

The company has more than 300 customers and more than 160 channel partners in India.

It has offices in Bangalore, Pune, Chennai, Delhi and Mumbai. It has also established strong ties with local universities in the country.

(cmn@cybermedia.co.in)

Would you like to on this article?

Be first to comment on this article

Name
Email
Your reply

China wooing Indian IT companies

Intuit Money Manager set to make India debut

Is China speaking English to beat Indian IT?

Obama visit arouses mistrust among China netizens

I have never used Twitter: Obama

Chandigarh cyber cafes raided

Product recall will strengthen brand Nokia

Mobile number portability from Dec 31

Delta launches new UPS series 'NH Plus'

Facebook grew by 1,840 p.c in a year

	Simplify Business Management. ERP solutions by IBM
	Carry your Dream, Convey your Value with ZTE
	A fault tolerant server to reduce your TCO

	A must attend event for IT Professionals
	How to make your enterprise productive
	Unified Communication can impact business. Know how

	Making Web3.0 a Reality!
	CIOL Enterprise Next :What's NEXT in IT? :
	Decrease Total System Costs With Cyclone IV FPGAs

	Reach your desired Target Audience and realize high ROI
	Effective ways of Customer Acquisition through Demand Generation
	Reach 2,500 potential Enterprise Customers!