Servion Global Solutions has expanded to a new 11,000 sq. ft., three-storied, facility in the IT corridor at Taramani, Chennai, to house its increasing employee strength. Besides, it has also expanded its operations in Princeton, New Jersey and Silicon Valley, California, to support larger and complex customer projects. The expansion will be accompanied by an increase in the headcount by over 100 in the next quarter.
Speaking on the expansion, K. Balakrishnan, managing director and CEO, Servion Global Solutions, said, "We are on a hyper drive to establish maximum share from the global market for our CIM solutions."
Servion is mulling acquisition of more space by the year-end to cater to its growing business requirements. "The pipeline is pretty strong and we expect to further ramp-up our India operations by end of 2006. We plan to increase our employee strength to 460 by the second quarter and expand this further by year-end," added Balakrishnan. Servion currently has an employee strength of 360 across its various offices globally.
While the company will shift its global development organisation and overseas software development teams to the new facility, its office in Wallace Garden, Chennai will continue to remain the head office.