What an irony!
When Indian IT companies like Tata Consultancy Services and Wipro are stepping up their investments in the U.S., VMware is going the other way.
Virtualization software house VMware joined the hordes of U.S. corporations that are screwing American workers with its just-announced plans to boost research and development operations in India through an investment of $100 million.
VMware’s Easter gift to struggling American workers include:
* Investing U.S. $100 millionÂ in India by 2010
* A new, state-of-the-art 82,000 square foot development center in Bangalore
* Doubling VMware’s India-based engineering organization to moreÂ than 1,000 people in the next two years
VMware already has a significant presence across India with offices in Bangalore, Pune, Chennai, Delhi, and Mumbai. The company entered India in 2004 and has 300 customers and 160 channel partners.
VMware employs nearly 700 people, including 500 developers, in India. It has existing R&D operations in Bangalore and Pune and the new center will expand on that.
VMware’s new Bangalore center is supposed to support new and ongoing research and development across the company’s entire portfolio of solutions for datacenter and desktop virtualization.
The company’s new 82,000 square foot development center is located in South Bangalore and includes a 4,000 square foot computer lab.
VMware rolled out its new initiatives at a news conference in Bangalore on Monday.
Still wondering why American students do not take up computer science in college?
By the way, VMwareâ€™s software letsÂ companies save on hardware costs by running multiple operating systems and applications on a single machine and isÂ a key enabler of server consolidation.
VMware made itsÂ IPO debut on Wall Street on August 14, 2007.