VMware to invest $100-m in India

Bangalore

March 25th, 2008

VMware, provider of virtualization solutions has announced the opening of a
new R&D facility in Bangalore and an investment of $100 million in India by
2010.

"India is a very significant market and core to our R&D strategy.
Virtualization is a biggest growth area in the IT software industry. Emerging
markets have huge opportunities. Especially the 'high growth' in India is a
major accelerator for us to invest more in India," said Diane Greene,
president and CEO of VMware.

The company also announced its plans to double India-based engineering
organization to more than 1000 people in the next two years. The company employs
nearly 700 employees, including 500 developers across India.

The new facility, which is the extension of the existing R&D operations
in Bangalore and Pune, will support new and ongoing research and development
across the company's entire product portfolio for desktop and data center
virtualization. The new facility covers an area of 82,000 sq.ft.

"India has both an excellent technical education infrastructure and
outstanding people. 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," she added.

The company has more than 300 customers and more than 160 channel partners in
India. It has offices in Bangalore, Pune, Chennai, Delhi and Mumbai. It has also
established strong ties with local universities in the country.