Aztec to invest $11.36 million in Hyderabad center

By agencies   |   Tuesday, 17 January 2006, 20:30 IST
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HYDERABAD: Aztec Software Ltd has announced plans to invest $11.36 million in its Hyderabad center, grow to about 250 people this year and possibly to a 1,500-people facility within next three-four years. After inaugurated its product development center in Hyderabad, Aztec’s Chief Executive Officer, V Chandrasekaran said, “The growth would be in addition to the 1,500-person center in Pune which will be to be ready by the summer of 2006 and a 700-person additional facility in Bangalore that would be ready later in 2006.” The company provided product development and testing services to many Fortune 50 companies and planned to add new streams of embedded software and wireless solutions to its range of services.