Engineering News by You :: Citrix to invest $200 million on R&D in India

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Citrix to invest $200 million on R&D in India

Clipped to the Drawing Board by Rose Shah

Bangalore, IT major Citrix Systems will invest $200 million (Rs 8.5 billion) to expand its research and development (R&D) operations in India, a top company official said Wednesday. “The investment over the next five years in our second R&D facility in Bangalore will enable us to hire another 500 engineers in phases and ramp up our headcount to 750 by 2012,” Citrix chief financial officer David J. Henshall told reporters here.

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Monday 23 June, 2008 05:24 AM

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