VeriSign sets up India development centre

VeriSign, the $1.2 billion US-based infrastructure provider for internet and telecommunication networks, has announced the setting up of its India product development centre.

The company plans to invest close to Rs 25 crore ($6 million) in India and employ around 125 professionals at the centre in Bangalore this year.

The company already has close to 200 developers in India as part of its global acquisitions of LightSurt and Unimobile. This team is focussing on messaging technologies.

Said Aristotle Balogh, senior VP, operations & infrastructure, VeriSign: "This launch is a reflection of our commitment to provide high quality services and products to our customers in India and across the globe. This centre will be an integral part of our global business strategy. Our primary objective is to develop products and services which are highly reliable, available, scaleable and secure. The centre will help VeriSign develop products and create more releases in lesser time."

In addition to the centre, VeriSign outsources certain project-related work to Infosys and TCS, which will be need-based.

Globally, VeriSign employs close to 1,000 R&D personnel and this is expected to double over the next four years, with India having close to 500 of those by that time.

Added Manoj Srivastava, VP, global product engineering and also responsible for India centre: "This unit will play a key role in building core mission-critical solutions for telecommunications, internet and management information systems. Research and development will be on wireline and wireless, e-commerce and other forms of online transaction processing, security, Oracle 11i development and maintenance areas."

VeriSign added that the centre will help the company in addressing the opportunities in digital communications, commerce and content and further strengthen its position in the intelligent infrastructure services market.