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Brocade to invest $300 million in India for new IP innovations

The new Brocade Bangalore Development Center is spread across 157,000 sq ft and features modern work environments, engineering labs and a customer demonstration and training center, among others.

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Nasdaq-listed enterprise networking vendor Brocade on Wednesday announced plans to invest $300 million (Rs 1,860 crore) in India over the next five years by making new investments as an additional base to support the company's New IP innovations.

It also announced opening a new state-of-the-art development center in Bengaluru.

The new Brocade Bangalore Development Center is spread across 157,000 sq ft and features modern work environments, engineering labs and a customer demonstration and training center, among others.

The Center will enable Brocade India to showcase proofs-of-concept and pilot projects for customers and partners—while contributing to the development of next-generation, fabric-based and software networking solutions.

The Center will also work closely with Brocade technology and solution partners and networking industry thought leaders across India, enabling the company to achieve greater penetration in industry verticals such as service providers, media, banking and finance, education, and the public sector.

The California-based company believes India is the ideal test bed for the New IP architecture as enterprises and service providers in India are receptive to open standards and are well positioned to leap directly to the New IP technologies over proprietary, legacy networking equipment.

Lloyd Carney, CEO, Brocade said, "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."

India is also home to the engineering teams of two recent Brocade acquisitions—Vistapointe and Connectem —making the country a keystone in the company's overall growth plan and extending its leadership in software networking and virtualised network functions, critical technical components in New IP networks.

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