Bangalore, India - (The Hosting News) - March 27, 2008 - Virtualization solutions firm, VMware, Inc., has committed to a multi-year initiative for the purpose of expanding its India-based research and development (R and D) operations.
VMware already has a strong presence across India with offices in Bangalore, Pune, Chennai, Delhi, and Mumbai. The initiative was announced today by VMware president and CEO Diane Greene at a news conference in Bangalore.
The initiative includes:
- Investing U.S. $100 million (4 billion Indian Rupees) in India by 2010
- A new, state-of-the-art 82,000 square foot development center in Bangalore
- Doubling the company's India-based engineering organization to more than 1,000 people in the next two years
Ms. Greene explained, ''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. 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. 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 and 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 82,000 square foot development center is located in South Bangalore and includes a 4,000 square foot computer lab.
Earlier this year VMware announced major enhancements to the VMware VIP Partner Program. The enhancements help make it easier for the company's 10,000 channel partners to quickly establish or expand their virtualization practices and offer their customers increased value through VMware's market-leading virtualization solutions.
VMware provides virtualization solutions from the desktop to the datacenter. Customers of all sizes rely on VMware to reduce capital and operating expenses, ensure business continuity, strengthen security and go green. With 2007 revenues of $1.3 billion, more than 100,000 customers and more than 10,000 partners, VMware is one of the fastest growing public software companies. VMware is headquartered in Palo Alto, California.
For more information about VMware, please visit: www.vmware.com.
