IBM Opens Another Center In India
In offshore-related news, IBM today opened its fifth software development center in � Presently, IBM employs 23,000 people in � See AP’s coverage below. � � IBM � HYDERABAD, India -- IBM Corp. on Tuesday opened its fifth software development center in � "We are very excited by the skills and talents and the productivity that come from our team in India," Frank Kern, IBM's vice president for Asia-Pacific said, inaugurating the center in the southern Indian city of Hyderabad. � IBM currently employs 23,000 people in its four Indian centers at Bangalore, Pune, Gurgaon and � Companies such as IBM and Hewlett-Packard use the offshore business model to provide low-cost software development services to their clients worldwide. � Kern also said � Last year, the Armonk, N.Y.-based company acquired Indian back-office services firm Daksh eServices for an estimated $150 million. � IBM, long known as a computer maker, has increasingly become a services company and sold off its personal computer business to Chinese firm Lenovo in a deal worth $1.75 billion.
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