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Deccan Herald » Business » Detailed Story
SAP opens one more lab
Bangalore, DHNS:
SAP AG, on Thursday, announced the openings of its new lab facility in Bangalore. The new facility, developed with an additional invement of Euro 30 million, has a capacity to house over 2,000 employees and covers over 350,000 sq ft.


 Incidentally, SAP had invested Euro 20 million to build its Phase I & II at the Bangalore campus, in Whitefield.
The Bangalore campus, second largest R&D and global services and support centre, has a total strength of 3,500 employees at the labs, as of August 2007, with 550 pure play developers at the global development centre.
The total headcount in India was around 4,235 across various facilities.
Eye on the future
Briefing reporters, CEO & Executive Board Chairman Henning Kagermann, said India as the second largest development hub was pivotal to SAP’s overall global strategy.  Stating that SAP’s investment in India was for long term with eye on the future, he said,  India was the fastest developing market for SAP.
Pointing out that SAP believed more in organic growth through new innovations and new productions, Mr Kagermann, however, said, SAP was always scouting for potential candidates for strategic acquisition to enhance its portfolio offerings.
A few of them are Indian companies in the list of possible buys,  the chief executive officer added.

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