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VMware to pump $100 Million in India

And I still think they are two years too late. I had suggested it back in 2006 but with Microsoft and Citrix spreading their broad globally-reachable wings, it may be a tad bit too late.

Anyways here's the news:

VMware president and CEO Diane Greene announced in Bangalore that the new initiative includes investing US$100 million (S$139 million) in India by 2010.

The planned expansion involves a new, state-of-the-art 82,000 square foot development centre in South Bangalore, including a 4,000 square foot computer lab; and doubling the company’s India-based development team to more than 1,000 people in the next two years.

The Palo Alto, California-headquartered company entered India in 2004 and currently boasts of a strong presence across the South Asian country with offices in Bangalore, Pune, Chennai, Delhi, and Mumbai, employing about 700 people.

Commenting on the decision to expand the company’s research operations, Greene said: “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.”



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