Riverbed Technology today announced the opening of a new global Research and Development facility in Bangalore, India.
Riverbed Technology will hire more engineers for the Bangalore facility as part of expanding the IT company’s engineering team by three-fold over the next several years. The strategy of Riverbed is to accelerate the delivery of networking and application performance solutions worldwide.
Riverbed Technology did not disclose the current size of the employees in India.
The new center will be the largest Riverbed R&D facility outside the US. The building will serve as the new headquarters for Riverbed’s Sales and Operations in India.
Jerry M Kennelly, CEO of Riverbed Technology, said: “The availability of talent, infrastructure and proximity to other fast-growing emerging markets of the world are key reasons behind this. The decision to open the new facility in Bangalore reinforces India as a global R&D hub for Riverbed – one that will play a vital role in the future of the company.”
Riverbed opened its first R&D facility in India in 2014 with the intent to integrate the new team into its product innovation. Since then, the team has played a critical role in advancing development of the company’s flagship product, Riverbed SteelHead – specifically in the areas of mobile, SaaS and cloud.
The expansion of the R&D center in Bangalore will enable the team to take on a greater share of development in emerging technology areas such as software-defined edge and software-defined WAN (SD-WAN).
Kartik Subbanna, vice president of Engineering, will head the Riverbed India R&D Center and will report to US-based Vineet Abraham, senior vice president of Engineering.
Since April 2015, Riverbed has increased its investment in R&D as a percentage of its overall revenue as part of the broader strategy to evolve its products to address the demand for a different approach to networking, fueled by the rise of cloud and hybrid IT environments.
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