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Monday, Jan 31, 2005

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NetD opens centre in Hyderabad

Our Bureau

Hyderabad , Jan. 30

NETDEVICES Inc, a US-based technology start-up with development centres in Sunnyville (US), Bangalore and Sydney, has announced the launch of Hyderabad as its fourth centre and plans to roll out its first of a range of products during this quarter.

Addressing a press conference here, the Founder, President and Chief Executive Officer of NetDevices (NetD), Mr Seenu Banda, said that the Hyderabad centre would be a critical component of NetD's global expansion strategy and comes at a time when the company is in the process of finalising the launch of its first of series of products that help solve networking solutions.

"The company plans to invest about $15 million during this year", Mr Banda said.

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