Philips Software Centre, a wholly owned subsidiary of Dutch giant Philips, has expanded its operations in Bangalore, India and set up a second software centre there.
According to Rajeev Varshneya, chief executive of Philips Software Centre, the unit has invested over $50 million in the new facility.
The second centre will house two divisions of PSC, business electronics and medical systems, in addition to the corporate functions.
The facility will undertake design and development of products in the areas of medical imaging, telecomms, digital data processing and satellite communications.
The Consul-General of the Netherlands, Hans Knynenburg, opened the facility this week. Reel Kramer, chief technology officer of Philips Consumer Electronics, said: "With this, Bangalore will be involved in every prestigious programme undertaken by Philips Electronics NV, including state-of-the-art products such as digital TV based on high definition format, digital video disks, trimedia chips and digital still cameras.",p> PSC has tripled its turnover in under two years in India.The company, which commenced operations with an employee base of 45-50, now has 230 software professionals, with plans to expand the staff to 400 by the end of the year.
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