Oracle takes space in T'park

Oracle, the third largest software company in the world, today signed a tripartite agreement with Technopark, Thiruvananthapuram, and Leela Infopark to lease 40,000 sft of space to commence their operations by September this year. The agreement was signed in the presence of Kerala chief minister VS Achuthanandan by Oracle vice president (real estate and facilities) Jayaraman, Technopark CEO Mervin Alexander, and Leela Infopark executive director Venu Krishnan. Kerala IT secretary K Suresh Kumar was also present. Oracle, which currently employs about 28,000 IT professionals India, has a big presence in Bangalore, and Thiruvananthapuram is their first venture in the tier-II cities. The company has already initiated a recruitment drive and training is expected to commence in Technopark by June.

Before the new facility is fully functional in Leela Infopark, the company will be functioning out of a 3,000 sft office at Park Centre, Technopark.