Sanovi Technologies to invest $10M

By siliconindia staff writer   |   Wednesday, 20 April 2005, 19:30 IST
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BANGALORE:Sanovi Technologies Corporation today announced investment of $ 10 million over next three years for expansion of its R& D center here. Company co-founder and Chief Executive Officer (CEO) Srinivas Pothapragada said that the company would raise its head count to 100 from the present 35. ''The company will leverage the Indian talent pool to deliver world-class enterprise software to the global market,'' he added. Sanovi Technologies Corporation makes business continuity management solutions to enable customers to maintain and manage application continuity. ''Continuity Assurance is a mission critical technology that requires multi-disciplinary expertise in applications, storage, networks, data protections and servers,'' he added.