PeopleSoft opens development facility in India

PeopleSoft will open a development and support centre in Bangalore, India.

PeopleSoft is to open a development and support centre in Bangalore, India.

PeopleSoft will invest $30m (£18m) to $40m in the centre and employ 300 people by the end of the year.

The company will work with services firm Hexaware Technologies which will establish and operate the centre.

PeopleSoft has had a presence in India since 1999, and runs offices in Bangalore, Mumbai and New Delhi. The company said it expected the Bangalore facility to reduce the time and cost of software implementations and upgrades.

PeopleSoft has been aggressively seeking savings opportunities as it struggles with the financial fallout from weakness in the software market. Last month, it cut 200 internal administration and support jobs and closed an office in California.

The Bangalore facility is expected to open next quarter, and will eventually employ 700 people working for Hexaware under PeopleSoft's guidance

Stacy Cowley writes for IDG News Service

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