New Delhi: An American global computer IT security Software Company McAfee is looking at adding more jobs in India as its centre in Bengaluru will continue to invest in growing local business.
A top official said today, Global chipmaker Intel had last September spun out McAfee as a separate company with private equity player TPG owning 51 per cent share in the new entity. The deal is expected to close in the second quarter of 2017.
Intel Security General Manager and SVP Christopher Young told media persons, “One of our largest sites around the world is in Bangalore. We continue to invest in that. We are actually adding new functions into the site there.”
“Under Intel, it was primarily development centre, but now we are adding finance, IT, HR to that site as well to support the new (unit),” he added.
Although Young declined to comment on investment or specific number of jobs to be created, he said the new roles will be created.
H said, “India is one of our fastest growing markets. We have been growing in the double digits over the last several years and we expect to continue that trajectory and that is across public and private sector.”
IT Software Company McAfee to add more jobs, investments in India
He added, India is “a really unique place” as apart from contributing to global development, there is a “healthy growing local market here”.
McAfee, which has been a part of Intel as Intel Security Group, had witnessed 20 per cent year-on-year growth in 2016.
Young, who will be the CEO of the new company said, “Revenues are growing double digits in India, so I expect that India over the next couple years could easily be one of our top markets.”
Chipmaker Intel had acquired McAfee in 2011 for USD 7.7 billion to build security features directly into its silicon products.
