VMWare to invest $120 mn to scale up India operations

The company is taking on lease a 420,000 sq ft facility in Bangalore for the same purpose

Image
Bibhu Ranjan Mishra Bangalore
Last Updated : Mar 25 2013 | 1:14 PM IST
VMWare, a US-headquartered provider of virtualisation and cloud infrastructure solutions has announced an investment of $120 million (approximately Rs 650 crore) to expand its operations and R&D capabilities in India. The NYSE-listed company said the investment would be made over multiple years.

The company is taking on lease a huge facility of about 420,000 square feet, which is currently under construction, in Bangalore. VMWare will consolidate its existing facilities in Bangalore in the new premise once it is ready. The new facility with a seating capacity of about 2,700 employees will accommodate the new and ongoing product R&D, as well as the sales and supporting staff, the company said in a statement.

VMware’s India-based R&D and support operations are second in size and scale only to those at the company’s headquarters located in Palo Alto, California.

“India’s world-class IT expertise, impressive talent pool and industrial development make this country crucially important to VMware's global growth strategy. Our investment in this innovative facility demonstrates VMware’s commitment to stay at the cutting edge of technology and evolve the optimum business structure to serve our customers globally,” said Pat Gelsinger, CEO, VMware.

VMware established its presence in India in 2005. Today, the company employs around 2,000 people out of India serving about 3,000 customers. Over the last eight years, the company has opened offices in seven cities in India including New Delhi, Mumbai, Bangalore and Chennai.

More From This Section

First Published: Mar 25 2013 | 1:02 PM IST

Next Story