Tasman sets up R&D centre

Circuit EC / Bangalore

Tasman Networks, a US-based provider of networking solutions, has set up its R&D centre in Bangalore with an investment of $4 million. The company plans to double its investment in the next two years. The centre will initially have a headcount of 50 that's expected to double by 2004. It will carry out close to 50 percent of Tasman’s global R&D work. The 2,500 square feet centre was inaugurated by Karnataka Chief Minister S M Krishna.

Paul Smith, CEO Tasman Networks said “The current expansion in India would help Tasman market its products in India and the Asia-Pacific and would help in providing a foundation for future non-engineering operations in India, which include technical support, telemarketing and account sales.” MRO-Tek would be the main distributor of Tasman’s products in India. S M Krishna said, “Tasman’s R&D centre is a step in reconfirming Bangalore’s status as one of the most important technological hubs of the world due to its quality infrastructure and highly skilled manpower. In order to give an impetus to hardware development in India a Hardware Technology park will be set up in the vicinity of the proposed international airport.”