Subex Systems plans to move into a new campus on Bangalore's Outer Ring Road by April 2007. The new facility, with built up area of about 125,000 sq. ft., can accommodate more than 1000 people and is likely to be ready in the next 12 months.
Subex had announced last week the release of its third product, ONtrack, an end-to-end subscriber risk management solution for telcos, following the success of two of its other products in the telecom revenue maximization space Ranger, the telecom fraud management solution and INcharge, a revenue assurance solution.
Talking about the new facility, Mr. Subash Menon, President & CEO, Subex Systems said, In line with the ambitious growth planned, we intend to move to this larger facility that is spread over 125,000 sq ft. This facility could house about 1000 people and will be a complete campus with many employee-friendly features. The current strength of Subex is about 300, including its overseas offices, in Beijing, Denver, London and Ottawa. Subex currently has a leased facility and a rented building, both in Koramangala, which house its Bangalore-based work force.
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