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Home -> Finance -> Full Story

Another jewel to Hi-tech city; Microsoft campus opens
Monday, November 15 2004 15:19 Hrs (IST)

Hyderabad: Billed as the biggest Development Center outside America, the global IT giant Microsoft's new campus was inaugurated by Andhra Pradesh Chief Minister Y S Rajasekhar Reddy at Manikonda on the city outskirts today (Nov 15, 2004).

Microsoft's Chief Executive Officer (CEO) Steve Ballmer laid the foundation stone for the second phase of the campus.

The first phase of the complex, inaugurated today, is spread over 28 acres and will house employees across its three units India Development Center (IDC), Global Delivery Center of India (GDCI) and sales and marketing division.

Speaking on the occasion, Ballmer, on his second visit to India, said the establishment of new campus underscored the company's commitment to deepen its relationship with India to create new opportunities for customers and the industry. At present, Microsoft is running its operations from a rented facility at Hi-Tec city. It became operational in 1998 and has been playing a key role in developing products and services for a string of strategic areas like .NET platform and Windows and Enterprise Storage. The campus inauguration was an extension of Microsoft's commitment to invest $400 million over three years, he said.

The MIDC campus comes as a culmination of a long-term plan unveiled by Microsoft founder and Chief Software Architect Bill Gates during his visit here in November 2002.

PTI