Netscape Arrives in India
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[ASIA] U.S.-based Netscape Communications, best known for its Netscape Navigator Web browser, announced the launch of its India operations with an initial investment of $10 million.
Netscape Communications India Private Limited (Netscape India) would utilize Indian software development talent and employ over 100 senior engineers to develop next-generation software products for Netscape and America Online (AOL).
"India is a key development center for the company and the first projects in India would include software development for iPlanet e-commerce solutions," said Maneesh Dhir, managing director, Netscape India.
iPlanet is a global strategic alliance of Sun Microsystems, Netscape and AOL, focused on developing e-commerce applications and services. The development team would then be scaled up to work on projects for Netscape and AOL project teams, Dhir said.
"Indian software talent is quite sophisticated in emerging technologies and will bring us critical strength," Dhir said.
"Engineers who join us at Netscape India will have an opportunity to work on leading-edge Internet software technology with some of the world's best talent," he added. He declined to give details of the investment in Netscape but said the local unit was a 100 percent owned indirect subsidiary of AOL. Dhir indicated that investment was comparable to that of $10 million when they started iPlanet.