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Synplicity opens develpment centre in Bangalore

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CIOL Bureau
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BANGALORE, INDIA: Synplicity, Inc. today announced the inauguration of its new development facility in Bangalore.  This facility is a part of the ongoing expansion of Synplicity in India and is located at the International Technology Park, Whitefield.  The new office was inaugurated by Gary Meyers, President and chief executive officer, Synplicity Inc.  

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Synplicity’s India team consists of one third of the organization’s worldwide R&D team and this will grow up to 50 percent within the next four-five years.  Synplicity India has also announced that it will increase its headcount by 20-30 percent by end of 2008. 

Commenting on the inauguration of its new office in Bangalore, Gary Meyers said, “India’s role in Synplicity’s global strategy has become crucial.  The India center has contributed significantly to all of our products and we plan to continue increasing our presence here.” 

Dr. Ananda, managing director, Synplicity India said, “Synplicity’s growth in India is a reflection of our commitment and the consistently improving capabilities of the India center.  With India’s strong base in chip designing, the EDA industry has tremendous growth potential in the country.  The Indian EDA product market is expected to grow to $1 billion by 2015.  We will continue to expand our operations to leverage this market opportunity."

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