Symantec to increase headcount

By agencies   |   Tuesday, 28 March 2006, 20:30 IST
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PUNE: Symantec Corporation has announced that it would double its talent pool in India and expand its footprint by looking at setting up other centres in India over the next couple of years. The $5-billion company said it was at the beginning of a significant investment phase in India, which will drive its growth in the years to come. At the formal launch of the company’s new research and development center in Pune, Symantec’s Chairman and Chief Executive Officer, John W. Thompson said, “Our goal is to become a $10-billion company with 35,000 people working with us by 2010, and very clearly this means that, in the long term, we will be expanding our presence in the Asian region and the rest of the world.” Thompson, who is on a three-day visit to Symantec's operations in India, said the company's Pune center was at the core of at least two path-breaking products that would be launched in the market a couple of months. The newest version of Symantec's scan engine, a security product, is being developed by a team of 27 engineers at the Pune R&D center and will be released in June. At least 40-50 percent of the development of new Storage and Server Foundation suite, to be launched in June, has been done by a team of engineers from Pune, he added.