VMware has announced a multi-year investment of $120 million that includes a long term lease for a new 420,000 square foot building in South Bangalore, currently under construction. Existing facilities in Bangalore will be united into the new center, which will seat 2,700 employees next year. The new center will accommodate new and ongoing product R&D, as well as a large staff supporting VMware’s global operations and India’s sales teams.
Opening of the new center will contribute towards cloud computing products and company’s portfolio of virtualization. Developers in Bangalore and Pune will contribute key components of VMware’s software-defined data center, hybrid cloud and end-user computing technology.
Pat Gelsinger, CEO, VMware said, “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.”
He added that the company is committed to pursuing the huge opportunity for its solutions in India’s fast-growing and maturing market, as companies harness VMware’s technology to help achieve the agility needed to compete in dynamic business arenas at home and overseas.
