Brocade to invest $300 mn in India in next 5 years

Brocade has announced plans to invest $300 mn in India over the next five years.

In line with this Brocade also opened a foot development center in Bangalore. The centre will enable Brocade India to showcase proofs-of-concept and pilot projects for customers and partners in addition to making contributions to development of fabric-based and software networking solutions. The centre will also work closely with partners across India to achieve greater penetration in verticals such as media, banking and finance, education, public sector and others, the statement added.

India is also home to the engineering teams of two recent Brocade acquisitions — Vistapointe and Connectem.

“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,” said Brocade CEO Lloyd Carney.

“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,” said Edgar Dias, regional director for Brocade India.