INDIA, Bangalore – April 21, 2014 – VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today announced the appointment of Arun Parameswaran to the post of Managing Director, VMware India. He succeeds T Srinivasan, who has decided to step down after five years with the company.
Parameswaran leaves Red Hat India to take up his VMware post on April 24 and will be responsible for the company’s growing business interests in the region. He will report to Sanjay Mirchandani, VMware’s Senior Vice President and General Manager for the Asia Pacific and Japan (APJ) region, and will join the APJ Leadership Team.
Mirchandani said: “This appointment will help accelerate VMware’s progress in one of our prime growth markets, as we work to ensure Indian businesses reap the full benefits of our vision of IT-as-a-Service.”
He added: “Arun’s rich mix of skills and experience will build on the robust foundation established and developed by Srini since he joined the company in 2009. Under Arun’s leadership, the VMware India team will be well positioned to capitalise on the enormous opportunities ahead.”
Holding more than 21 years’ hi-tech experience across Asia Pacific and the US, IT veteran Parameswaran was most recently GM in charge of Red Hat’s business throughout the Indian sub-continent.
Before that, he was Senior Director, Global Business Development, responsible for building and managing Red Hat’s eco-system of partners across Asia Pacific and Japan. Other roles in the company included OEM Global Alliance Manager and MD of Global Professional Services, as well as leadership of the company’s services business in Asia Pacific. Prior to joining Red Hat, Parameswaran held leadership positions at PTI/Mastech before the company was acquired by Red Hat. He started his career with Wipro Infotech in India, holding various sales and product management positions.
He said: “I am delighted to be taking up this post because VMware is a pioneer and agent of change leading customer organisations to a whole new era of IT. I firmly believe that VMware’s strategy around the software-defined data centre, hybrid cloud and end-user computing provides the optimum route for customers wanting to capitalise on the seismic shifts taking place in IT today. I look forward to working with the team to accelerate growth such that VMware India plays an even more significant role in the company’s future success.”
Parameswaran attended the Thiagarajar College of Engineering at Madurai Kamaraj University and holds a Bachelor of Engineering, Electronics and Communication Engineering.
VMware has undergone significant expansion in the APJ region and today serves some 63,000 customers there. The company’s footprint in the Indian subcontinent comprises a workforce of approximately 2,300 – including R&D staff, global support, operations, and a sales force – along with a presence in Bangalore, Pune, Ahmedabad, Kolkata, Hyderabad and Chennai, as well as Mumbai and New Delhi. Earlier this month (April), VMware announced its intention for further investment of up to US$500 million over the next three years to help fund growing operations in India.
VMware (NYSE: VMW) is the leader in virtualization and cloud infrastructure solutions that enable businesses to thrive in the Cloud Era. Customers rely on VMware to help them transform the way they build, deliver and consume Information Technology resources in a manner that is evolutionary and based on their specific needs. With 2013 revenues of $5.21 billion, VMware has more than 500,000 customers and 75,000 partners. The company is headquartered in Silicon Valley with offices throughout the world and can be found online at www.vmware.com/in.
This press release contains forward-looking statements including, among other things, statements regarding VMware’s expected growth and plans for future investment in India. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to (i) changes to priorities and levels of government spending; (ii) adverse changes in general economic or market conditions; (iii) delays or reductions in information technology spending; (iv) competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors into the virtualization, end user and cloud computing markets, and new product and marketing initiatives by our competitors; (v) our customers’ ability to develop, and to transition to, new products and computing strategies such as cloud computing and desktop virtualization; (vi) the uncertainty of customer acceptance of emerging technology; (vii) rapid technological and market changes in virtualization software and platforms for cloud and desktop computing; (viii) changes to product development timelines; (ix) VMware’s ability to protect its proprietary technology; (x) changes in applicable laws and regulations in India; (xi) changes in the condition of the local business climate in India and the Asia Pacific region; (xii) changing business conditions that may impact VMware’s investing and spending priorities; and (xiii) VMware’s ability to attract and retain highly qualified employees.. These forward looking statements are based on current expectations and are subject to uncertainties and changes in condition, significance, value and effect as well as other risks detailed in documents filed with the Securities and Exchange Commission, including our most recent reports on Form 10-K and Form 10-Q and current reports on Form 8-K that we may file from time to time, which could cause actual results to vary from expectations. VMware assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.