iGATE expands operations in Chennai

CHENNAI, INDIA: Integrated technology and operations firm iGATE has expanded its global delivery facility in Chennai.

In addition to the existing two facilities in Chennai of over 1 lakh sq ft, iGATE will add a new 1.16 lakh sq. ft facility in the Special Economic Zone at DLF Info City, Nandambakkam.

The first phase of the new facility will become operational in the last quarter of 2008. As part of this expansion, iGATE plans to hire about 500 employees in Chennai in the next 24 months, which will grow its headcount in Chennai to over 1200 employees.

Besides Chennai, iGATE has global delivery facilities in Bangalore, Hyderabad, and Noida in India, Ballarat in Australia, Cyberjaya in Malaysia and Mississauga in Canada.

Commenting on the expansion plans Phaneesh Murthy, CEO, iGATE Corporation, said, "Chennai is our second largest global delivery facility and is growing both in size and capability. It is a critical component of the successful delivery of our services and provides a strategic support for our growth."

The company also announced the setting up of a Media and Entertainment Centre of Excellence (CoE) in the new facility to build frameworks and productivity enhancing solutions for its key clients in the Media and Entertainment space including the Fortune 500 MGM Mirage, one of the world's leading entertainment companies.

"The global Media and Entertainment Industry is expected to be $1.8 trillion in 2010 and concepts like Web 2.0 and social networking are adding new dimensions to communication and collaboration. A key objective of the CoE is to assume a leadership role by providing cutting-edge technology solutions to clients in the Media and Entertainment space," said Sean Narayanan, chief delivery officer, iGATE Global Solutions.

iGATE Corporation registered revenues of $ 307 million in 2007 and ended the year with over 7000 employees.

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