McAfee to pump in $ 80 m in its India centre

Bangalore, Mar 29 (UNI) Security risk management company McAfee today announced that it will expand its India Centre here by investing over 80 million US Dollars over the next four years and increase the headcount by 400.

Addressing a press conference here, McAfee Inc Chairman and Chief Executive Officer George Samenuk said the expansion would focus on the research and development of security solutions and product innovation and take ownership of some of the key security products it had created, besides enabling its India Centre emerge the largest global R and D location.

''The expansion of McAfee is a reflection of our continuous commitment and the track record of success in India,'' he said.

Mr Samenuk said the company would increase the headcount in the Centre from 600 to 1000 by the end of 2008 to focus on R and D, customer support and other business critical functions. McAfee's India Centre would work closely with its customers globally, ensuring their inclusion in the product development lifecycle.

The Bangalore Consumer Engineering team was the largest globally and responsible for product, e-commerce and marketing campaign related development testing. It was also working on next generation product line to develop industry-leading solutions for home and home-office users, he added.

Mr Samenuk said the company, which had achieved an impressive revenue growth of over 22 per cent, was keen on acquiring security solutions providers across the world, especially in Israel and the US. It had over 80 million customers using 3GSM mobile phones.

UNI MV RG-GD TS1634