VMware Announces Investment in New State-of-the-art campus in Bangalore
New center will deliver core R&D and operational expertise throughout VMware globally
INDIA, Bangalore, March 22, 2013– VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today 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.
VMware’s India-based R&D and support operations are second in size and scale only to those at the company’s headquarters located in Palo Alto, California, U.S.
Existing facilities in Bangalore will be consolidated into the new state-of-the-art premises, which will seat 2,700 employees when ready next year. 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.
VMware’s R&D operations in India make a significant contribution to the company’s portfolio of virtualization and cloud computing products, all designed to help VMware customers navigate the journey to a new era of IT. Developers in Bangalore and Pune contribute important components of VMware’s key technologies – the software-defined data center, hybrid cloud and end-user computing.
Visiting Bangalore to announce plans for the new campus, VMware CEO Pat Gelsinger 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: “We are also committed to pursuing the huge opportunity for our solutions in India’s fast-growing and maturing market, as companies harness our technology to help them achieve the agility needed to compete in dynamic business arenas at home and overseas.”
VMware established a presence in India in 2005 and today serves about 3,000 customers, employs some 2,000 staff 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 centers in Bangalore and Pune.
VMware is the leader in virtualization and cloud infrastructure solutions that enable businesses to thrive in the Cloud Era. Customers rely on VMware to help them transform the way they build, deliver and consume Information Technology resources in a manner that is evolutionary and based on their specific needs. With 2012 revenues of $4.61 billion, VMware has more than 480,000 customers and 55,000 partners. The company is headquartered in Silicon Valley with offices throughout the world and can be found online at www.vmware.com.
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|Vivaan Gideon |
|Zachariah Thomas |
Edelman India (for VMware)