Wednesday, 26 March 2008

VMware to Invest USD 100 Million in India

VMware this week announced a multi-year initiative aimed at expanding its India-based research and development (R&D) operations, part of which includes investing USD 100 million in the country by 2010...

VMware this week announced a multi-year initiative aimed at expanding its India-based research and development (R&D) operations, part of which includes investing USD 100 million in the country by 2010.

The virtualization solutions provider entered the Indian market in 2004 and today has some 300 customers and 700 employees with offices in five cities-- Bangalore, Pune, Chennai, Delhi, and Mumbai.

Other areas of the initiative includes erecting 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 two years

“Great products are built by great people. India has both an excellent technical education infrastructure and outstanding people. We highly value our Indian citizen employees," said Diane Greene, VMware president and CEO

"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.”

The new Bangalore development center will expand 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.