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Wednesday, Feb 25, 2004

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CoWare opens R&D centre

Our Bureau

NEW DELHI: The US-based CoWare has announced the opening of a research and development centre at Noida near here and said it will invest $5 million in the next two years. The company will also increase its headcount from 25 to 50 in the near future.

The Noida centre will initially be responsible for system level IP (Internet Protocol) model library creation for CoWare's Electronics System Level (ESL) design products, the company's Chief Financial Officer, Mr Peter C Calverley, told newspersons here.

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