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News >> Technology >>
Sterling Commerce invests $10M
By siliconindia staff writer
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Tuesday, 13 June 2006, 19:30 IST
BANGALORE: Sterling Commerce, the multi-enterprise collaboration software and services company and a subsidiary of AT&T Inc. today announced that it is investing $10 million in India to expand its operations in the country. This announcement was made at the inauguration of a new 116,000 sq ft software development and delivery facility in Bangalore.
With the move into the new facilities in Bangalore, we are about to embark on an exciting new chapter at Sterling Commerce in India, said Sam Starr, President and CEO Sterling Commerce. Our investment in The India operation is a critical part of our long-term global strategy. Sterling Commerce is in the throes of rapid and very profitable growth, both in our mainstream businesses and through well-executed acquisitions.
Sterling Commerce projects its Indian operations to grow from 82 professionals just over a year back to almost 500 by the end of 2006.
The Sterling India team is committed to the tenets of excellence, innovation and an emphasis on continuous learning, said Buck Devashish, Managing Director of Sterling Commerces India Operations. We have been focused on providing our employees a world-class best practices work environment. The new facility is a tangible example of this vision and evidence of Sterlings commitment to its employees.