VMware to invest $120 million in India

BANGALORE, INDIA: Virtualization software company VMware Inc. announced multi-year investment of $120 million that includes a long term lease for a new 4,20,000 square foot building in South Bangalore, currently under construction.

VMware's India-based R&D and support operations are second in size and scale only to those at the company's headquarters located in Palo Alto, California, US.

Existing facilities in Bangalore will be consolidated into the new state-of-the-art premises, which will seat 2,700 employees when ready next year. The campus will accommodate new and ongoing product R&D, as well as a large staff supporting VMware's global operations and India's sales teams.

VMware's R&D operations in India make a significant contribution to the company's portfolio of virtualization and cloud computing products, all designed to help VMware customers navigate the journey to a new era of IT. Developers in Bangalore and Pune contribute important components of VMware's key technologies - the software-defined data center, hybrid cloud and end-user computing, as per a release.

Visiting Bangalore to announce plans for the new campus, VMware CEO Pat Gelsinger said: "India's world-class IT expertise, impressive talent pool and industrial development make this country crucially important to VMware's global growth strategy. Our investment in this innovative facility demonstrates VMware's commitment to stay at the cutting edge of technology and evolve the optimum business structure to serve our customers globally."

He added: "We are also committed to pursuing the huge opportunity for our solutions in India's fast-growing and maturing market, as companies harness our technology to help them achieve the agility needed to compete in dynamic business arenas at home and overseas."