Oracle crosses $ 3 bln investment mark in last five years

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New Delhi, Oct 25 (UNI) Oracle India Pvt Ltd today said it has crossed three billion dollars investment mark in the last five-years and also announced the launch of two new centres in Gurgaon.

''Oracle's last five years investment in India cross three billion dollars. These investments were made in development of research and development centres, software development and acquiring equity in the country's IT companies,'' company India Managing Director Krishan Dhawan told reporters here.

The two new centers --the Oracle Asia Research and Development Center (OARDC) and Partner Solution Center (PSC) will focus on delivering Oracle and partner solutions to the Indian market and also to the Asia Pacific region, he added.

These two centers are a part of Oracle's 19 research, development and solution centers spread across Asia Pacific and Japan.

This is a single research and development network by Oracle and its partners to build, test, adopt and also showcase leading-edge technology innovations across the region, Mr Dhawan said.

The hardware infrastructure at the Oracle Partner Solution Centre at Gurgaon has been sponsored by SUN Microsystems and AMD.

With today's launch of the OARDC and PSC, Oracle now has seven development and solution centers in India.

''The Oracle Asia Research and Development Center and Partner Solution Center will undertake India-specific projects to enhance our capabilities in our E-Governance Center of Excellence, which was established in Gurgaon in 2003,'' Mr Dhawan said.

The PSC centre will enable strategic partners to build, port, enable and test their solutions on Oracle technologies, and hardware infrastructure sponsored by Sun Microsystems and AMD in a secure environment.

UNI

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