VMware, a software technology company announced an investment of $120 million in a new facility in Bangalore.
As a part of its expansion plans, the company plans to construct new 42,000 sq. foot building in the city.
After Palo Alto in California, where the $4.6-billion cloud computing technology provider is headquartered, this centre will have a 2,700-seater capacity and will work on R&D and support for its various technologies.
The campus will accommodate new and ongoing product R&D, as well as a large staff supporting VMware’s global operations and India’s sales teams, according to a company statement.
Key components
Software developers in Bangalore and Pune contribute important components of VMware’s key technologies – the software-defined data centre, hybrid cloud computing and end-user computing.
VMware CEO Pat Gelsinger said: “India’s IT expertise, talent pool and industrial development make this country crucially important to VMware's global growth strategy.”
The Bangalore centre will also look at Indian domestic market, an area that has a lot of potential, according to a recent Boston Consulting Group and CII study.
India’s domestic IT market will touch Rs 1.75 lakh crore by 2016, the study said.
VMware established a presence in India in 2005 and today serves about 3,000 customers, employs 2,000 people and works with 100 partners.
Over the last eight years, offices have been opened in New Delhi, Mumbai, Bangalore, Chennai, Kolkata, Pune, Hyderabad and Colombo in Sri Lanka, with R&D centres in Bangalore and Pune.