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Cisco Systems Invests US $50 Million for New Campus in Bangalore; New Cisco Campus in Bangalore to Support up to 3000 Staff When Completed.


BANGALORE, India -- Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation).
Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006.
(R) (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:CSCO CSCO Cisco Systems Incorporated (stock symbol)
CSCO Chief Supply Chain Officer
) broke ground today on a new one-million square foot campus in Bangalore that will support staff from Cisco's Research and Development (R&D), IT, Sales and Customer Support teams in India. The company will spend approximately US $50 million to build the new integrated campus, which is expected to be completed by June 2007.

Cisco President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  John Chambers John Chambers could be any of the following people:
  • John Chambers (scientist) one of the two scientists who formulated the Planet V Theory.
  • John Chambers (programmer), the creator of the S programming language and core member of the R programming language project.
 officially launched the new facility at a groundbreaking ceremony conducted at the site of the new campus on the Outer Ring Road in Sarjapur today. When completed, the new facility will have capacity for approximately 3000 staff.

"India has been and continues to be a strategic market for Cisco both in terms of business opportunities and as a base for outstanding engineering talent. With the launch of our new campus in Bangalore today, Cisco will be well placed to continue building our presence in India, as a critical part of our R&D efforts and as the domestic market for networking products and solutions continues to expand," said Chambers.

Cisco first established R&D facilities in India in 1998. An extension of Cisco's global R&D efforts based in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. , the center has been involved in core product research and development and engineering across Cisco's entire product family. It is the largest development center for the company outside of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

Cisco established operations in India in 1995 and today employs over 1400 people in the country in its Global R&D center in Bangalore and sales offices in New Delhi New Delhi (dĕl`ē), city (1991 pop. 294,149), capital of India and of Delhi state, N central India, on the right bank of the Yamuna River. , Mumbai, Bangalore, Chennai, Kolkatta, Pune, Hyderabad, and Colombo, Sri Lanka.

About Cisco Systems

Cisco Systems, Inc. (NASDAQ:CSCO), the worldwide leader in networking for the Internet, celebrates 20 years of commitment to technology innovation, industry leadership, and corporate social responsibility. Information about Cisco can be found at http://www.cisco.com. For ongoing news, go to http://newsroom.cisco.com.

Cisco, Linksys, Cisco Systems, and the Cisco Systems logo are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:9INDI
Date:Oct 21, 2005
Words:389
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