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Citrix Unveils Strategic Expansion Plans in India
Citrix Systems CEO unveils largest R&D centre outside United States
Bangalore, Karnataka, India -- (Business Wire India) -- Wednesday, September 01, 2010 4:41:00 PM
Citrix Systems, Inc. (NASDAQ: CTXS), today announced its strategic expansion plans for India, including moving its research and development (R&D) team to a new facility in Bangalore, second in size only to that of the US R&D organization, as well as expanding its sales team and opening to a new sales office in Mumbai to accommodate them.
Citrix CEO Mark Templeton today opened the new R&D centre and detailed the company’s expansion plans for India. The new facility will handle all aspects of research including design, coding, functional testing, engineering, management. As a result, Citrix can better partner and interact with its customers as early as the product development stage, in order to provide them with the best solution to meet their business needs.
“India has some of the best information technology talent in the world and the expansion of our R&D team here ensures we can take best advantage of this highly regarded expertise,” said Templeton.
Citrix has five R&D centres worldwide, with other facilities in the United States, the United Kingdom, Australia and Japan.
Rakesh Singh, Vice President and Managing Director for Bangalore Research and Development said the local team was responsible for the development of key products for Citrix and that they were extremely proud of the leading edge products that were conceived, developed and ultimately brought to market due to Indian know-how.
Sanjay Deshmukh, Area Vice President, India Subcontinent at Citrix, said: “As a rapidly growing market, India holds immense potential for our company and we are proud that we can meet the demands of this dynamic, expanding market with a strengthen sales and R&D team.”
About Citrix
Citrix Systems, Inc. (NASDAQ:CTXS) is a leading provider of virtual computing solutions that help companies deliver IT as an on-demand service. Founded in 1989, Citrix combines virtualisation, networking, and cloud computing technologies into a full portfolio of products that enable virtual workstyles for users and virtual datacentres for IT. More than 230,000 organisations worldwide rely on Citrix to help them build simpler and more cost-effective IT environments. Citrix partners with over 10,000 companies in more than 100 countries. Annual revenue in 2009 was $1.61 billion.
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