November 20, 2003

EMC puts $100M into India units

Storage vendor eyes fast growing Asia-Pacific region

BANGALORE, INDIA - EMC Corp announced this week that it was investing $100 million in India over the next five years.

The investment in India by the Hopkinton, Massachusetts, storage company will go towards expanding the company's India Software Development and Support Center in Bangalore, and strengthening the company's sales and services infrastructure in the country, according to company officials.

"With India emerging as one of the fastest growing markets for EMC in the Asia-Pacific region, we are committed to building a strong sales and services infrastructure to successfully handle the rapidly increasing demand for automated networked storage solutions," said Gary Jackson, EMC's vice president for Asia-Pacific.

EMC's India Software Development and Support Center in Bangalore contributes to the development of EMC's ControlCenter product family, the PowerPath product line and other software products. "EMC's Software Development and Support Center in Bangalore is playing a key role in helping us deliver industry-leading open software products that will bring us closer to having a complete information lifecycle management offering," said Chris Gahagan, senior vice president for storage infrastructure software at EMC, who added that as storage evolves, the intelligence is coming from the software.

EMC has a wholly owned subsidiary in India, which began operating in 2000. Today, the company has business and sales offices in three cities, the development center in Bangalore, and two logistics and support facilities.

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