Published On:February 5 2015
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Twitter to set up R&D facility in Bangalore.
Having made its first acquisition in the country, micro blogging website Twitter plans a research and design centre here, its first such facility outside America.
According to a report in the Financial Times, the move is a part of the company's wider plans of accelerating its growth in emerging markets.
Earlier this month, San Francisco-based Twitter had announced the acquisition of Bengaluru-based mobile start-up ZipDial, in a deal understood to be around $40 million. According to Twitter, most of ZipDial's 50 employees are joining it. It seems likely to base its new facility on ZipDial’s existing engineering centre, which has close to 30 staffers.
We have inherited a new engineering centre in Bengaluru but it is too early to say if we would be expanding it, a Twitter India spokesperson told Business Standard.
BS