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VMware to Invest $100 Million in India
By
ChannelTimes Staff
Mumbai, Mar 25, 2008
VMware, the global provider of virtualization solutions from the desktop to the datacenter, announced a multi-year initiative aimed at expanding its India-based research and development (R&D) operations.
The company already has a strong presence across India with offices in Bangalore, Pune, Chennai, Delhi, and Mumbai.
The initiative includes: investing US $100 million (Rs.4 billion) in India by 2010; a new, state-of-the-art 82,000 square foot development center in Bangalore; and doubling the company's India-based engineering organization to more than 1,000 people in the next 2 years.
Announcing the initiative at a news conference in Bangalore, Diane Greene, president and CEO of VMware, said, "India has 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."
VMware entered India in 2004. Today the company has more than 300 customers and more than 160 channel partners in the country. With offices in 5 cities, VMware employs nearly 700 people, including more than 500 developers, across India. It has established strong ties to local universities in India including IIT Bombay, IIT Delhi, IIT Madras, NIT Trichi, NIT Surathkal, Indian Institute of Science (IISc) and the RV College of Engineering.
The new Bangalore development center expands on existing R&D operations in Bangalore and Pune. The center supports new and ongoing research and development across the company's entire portfolio of solutions for datacenter and desktop virtualization. The new center is located in South Bangalore and includes a 4,000 square foot computer lab.
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