EMC to invest $100 million

Storage software solutions company EMC Corp on Tuesday announced an investment of $100 million over the next five years in areas such as research and development, human resources, market education and partnerships.

"We will invest a minimum of $100 million over the next five years in areas such as recruitment of professionals in sales and consulting, and also for market education and recruitment of professionals in our R&D centre in Bangalore. Part of the investments would also go towards partnerships," Gary Jackson, vice-president (Asia-Pacific), EMC, told reporters in New Delhi.

"With India emerging as one of the fastest growing markets for EMC in the Asia-Pacific region, we are committed to building strong sales and service infrastructure," Jackson pointed out.