Bangalore: Brocade (NASDAQ:BRCD), a Networking Solutions company, announced that they are making new investments in India as an additional base to support the company’s new IP innovations. Brocade has also announced the opening of a new state-of-the-art Development Center in Bangalore, and stated that they will invest $300 million in India in the near future. The newly formed Brocade’s center will play an important role in the development of networking innovations based on the new IP architecture.
Founded in 1995, Brocade is an industry leader in providing reliable, high performance network solutions that help the world’s leading organizations transition smoothly to a virtualized world where applications and information reside anywhere. Headquartered in San Jose, California, the company has approximately 4000 employees worldwide and serves a wide range of industries and customers in more than 160 countries. To ensure a comprehensive solution, Brocade also provides a full range education, support, and professional services offerings.
Brocade believes that India is one of the ideal test couches for the New IP architectures because enterprises and service providers are accessible to open standard and all are well situated to jump directly to the New IP Technologies. The center will work closely with Brocade technology and solution partners and also enables the company to achieve greater insight in the industry verticals like service providers, media, banking and finance, education and public sector.
Talking about the event, Brocade CEO, Lloyd Carney, says, “Brocade is taking focused and purposeful steps in our global investment strategy with acquisitions that increase our depth in software networking, and strengthen our footprint and engineering capability in markets where we see growth potential. We believe India will be an early adopter of new IP technologies, and we are very excited to be in this next phase of Brocade’s growth in India”.
Echoing in similar words, Edgar Dias, regional director, Brocade India says, “The India market is going through a dramatic transformation with investments in private cloud, public cloud, as well as a network refresh due to the 10 and 40 Gigabit Ethernet adoption across the enterprise , government, and other sectors”.