VMware opens new Bangalore R&D facility, plans to double its development team in India to more than 1,000 people in the next two years.

VMware, a virtualization solutions provider, today announced a multi-year initiative aimed at expanding its India-based research and development operations. The company avers that it already has a strong presence across India with offices in Bangalore, Pune, Chennai, Delhi, and Mumbai.

The company states that the initiative was announced today by its president and CEO Diane Greene at a news conference in Bangalore. Further it added that the initiative includes: Investing U.S. $100 million in India by 2010, A new 82,000 square foot development center in Bangalore and to double their India-based engineering organization to more than 1,000 people in the next two years.

"Great products are built by great people. India has both an excellent technical education infrastructure and outstanding people. We highly value our Indian citizen employees," said Greene. "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."