Twitter plans R&D unit in Bangalore | business | Hindustan Times
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Twitter plans R&D unit in Bangalore

business Updated: Feb 06, 2015 00:49 IST
Manu P Toms
Manu P Toms
Hindustan Times

With plans to set up a research & development (R&D) centre in Bangalore that will power its expansion in Asia, Latin America and Africa regions, social network Twitter is likely to hire 40 engineers from IITs and rival companies such as Google, according to people familiar with the company’s plans.

The fresh hires from IITs is expected to get salary packages upwards of `20 lakh a year.

With the acquisition of mobile-based start-up ZipDial for over $40 million (Rs 250 crore), Twitter already has engineering centre in Bangalore. ZipDial’s workforce, estimated to be less than 40, is currently being integrated into Twitter’s global operations. Both Twitter and ZipDial did not share headcount details.

“This (ZipDial) acquisition increases our investment in India, one of the countries where we’re seeing great growth, and also brings us a new engineering office in Bangalore,” a Twitter spokesperson said, without giving further details.

“Twitter is a small company, unlike Google. Its engineering force is small. But it will definitely hire in Bangalore,” a source said.