Agere to double India team

Image
Our Bureau Bangalore
Last Updated : Mar 01 2013 | 2:40 PM IST
Agere Systems, the $1.8 billion semiconductor software company, has announced plans to double its development team in India to 400 from the current 200.
 
The corporation was formed after Lucent spun off its Microelectronics Group in 1998, and employs 7,000 professionals globally. The company offers chips and software solutions for wireless data, high-density storage and multi-service networking applications.
 
Agere, as part of its expansion, has set up its second development centre in Bangalore and with this ramp-up it will become the largest development centre outside the US. The company has so far invested close to Rs 100 crore in the Indian operations and will look at investing further as and when the projects for the Indian operations increase.
 
Said Madhusudan V Atre, a veteran Bell Lab scientist and MD, Agere India: "Our Bangalore team is increasingly shouldering comprehensive strategic chip design, development and support responsibilities, which necessitated this expansion. The people here are expected to play an increasing strategic role in Agere's future."
 
The Indian unit currently designs software tools, firmware, besides chip and system on chip related design, verification and layout.
 
Agere's chips and software power a broad range of computing and communication platforms, from cell phones, PCs, PDAs, hard disk drives and gaming devices to some of the world's most sophisticated wireless and wireline networks.
 
Added Atre: "The setting up of a new centre in Bangalore is driven by the increasing importance of our Indian team in Agere's growth. We foresee new projects, especially in the area of ethernet to come to India and this expansion makes Agere one of the leading semiconductor players in India."

 
 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 22 2005 | 12:00 AM IST

Next Story