Acquisitions are set to play a part as the software company, which recently bought AirWatch for $1.54bn, announces ambitious plans for its Indian operations.
US-based virtualisation software developer VMware plans to invest $500m in India through 2016 in order to expand its operations in the country, chief executive officer Pat Gelsinger said during a press conference in Bangalore.
Although it does not have a dedicated corporate venturing unit, VMware has been an active strategic investor, funding companies including Crittercism, Puppet Labs and HyTrust in the past 18 months.
The company has also acquired 17 companies since 2008, including India-based mobile app…
