India may soon become Cisco’s ‘leadership hub’ in Asia-Pacific

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    India may soon become Cisco’s ‘leadership hub’ in Asia-Pacific - Corporate News - livemint.com

    Mumbai: After making at least a dozen direct investments in Indian firms and more indirect investments through its venture capital (VC) funds, networking and communications firm Cisco Systems Inc. now plans to make India “a leadership hub for the Asia-Pacific region”.

    “A significant number of acquisitions we do will have an India component in it—whether the buyouts are in India or elsewhere,” said Hilton Romanski, vice-president (corporate development), Cisco.

    He cited the example of Star Networks, a Boston, US-based company for mobile innovation, which takes intellectual property (IP) to services providers. “This tech is highly disruptive. And the bulk of engineers who built the technology were from Bangalore and Pune,” he said.

    The Cisco Global Development Centre in Bangalore is the largest such centre outside the US. Besides, Cisco Systems (India) Pvt. Ltd has joint development centres with Wipro Technologies Ltd and Infosys Ltd in Bangalore, HCL Technologies Ltd in Chennai and Zensar Technologies Ltd in Pune.
     
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