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Mumbai:
Cisco Systems today announced that it is developing a
new one-million square foot campus in Bangalore that will
support 3,000 staff from Cisco''s R&D, IT, sales and
customer support teams in India. The company will spend
approximately $50 million to build the new integrated
campus, which is expected to be completed by June 2007.
John
Chambers, president and CEO, Cisco, who is currently in
India, officially launched the new facility at a groundbreaking
ceremony conducted at the site of the new campus on the
Outer Ring Road in Sarjapur today.
"India
has been and continues to be a strategic market for Cisco
both in terms of business opportunities and as a base
for outstanding engineering talent. With the launch of
our new campus in Bangalore today, Cisco will be well
placed to continue building our presence in India, as
a critical part of our R&D efforts and as the domestic
market for networking products and solutions continues
to expand," said Chambers.
Cisco
first established R&D facilities in India in 1998.
An extension of Cisco''s global R&D efforts based in
San Jose, California, the
centre has been involved in core product research and
development and engineering across Cisco''s entire product
family. It is the largest development center for the company
outside of the United States.
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