VVDN Expands Its Operations in Europe, Focusing on Revenue of $500 Mn

- Advertisement -
- Advertisement -

 VVDN unveiled its plan to expand in Europe under its new leadership. The company which has a strong footprint in the US, Canada and APAC region is now presenting the new ambitions in Europe and is focussing to achieving revenue of $500mn in the next 3 years from the region.

VVDN intend to help a lot of OEMs and Brands in Europe to address their technology gap  in the space of 5G Telecom, Datacenter, Networking & Wi-Fi, Vision, Automotive, EV and Cloud space.  VVDN has a lot of intellectual properties in the above domains which can enable customers operate at scale as well as speed by reinforcing the technology adoption.

- Advertisement -

Amit Saharan, VP- Business Development Wireless, Vision and IOT, Europe said, “We are excited to bring VVDN services to OEMs and System Integrators in Europe. As we continue to grow, we are constantly looking at opportunities in every market we enter. We see tremendous opportunities in assisting customers in the networking and wireless space with solutions like Access Points, ONTs, Network Switches etc. Further our experience, expertise and solution accelerators in vision cameras, automotive and Cloud space will help our European customers in their next generation product design, development and manufacturing.” 

VVDN’s Europe expansion announcement is part of VVDN’s growth strategy and will be led by multidisciplinary teamsWith Europe being a strong growth area for VVDN, company will continue to invest in further strengthening its Europe presence by creating local engineering teams, business teams, and being closer to customers. 

Nitin Jain, VP-Business Development 5G & Datacenter, Europe said, “ We see Europe 5G market as a huge growth potential. With VVDN’s strong foothold in the 5G design, testing services offerings on oRAN RU and DU along with our Fronthaul, L1 Low PhY and High PHY IP’s, we can help guide OEMs, telcos, test & measurement companies through the complexity of 5G product design, development and manufacturing. In addition, VVDN’s 5G Telco Cloud, MEC services makes VVDN a true 5G partner for its customers.”

VVDN is going to accelerate growth, focusing on its key areas and capabilities in the domains where it already holds a good position and has good potential. It will continue to pursue large deals in the focus domains in Europe.


 

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exclusive

Exclusive: AET Display Says Will Invest Rs 350 Crore In India In Five Years

0
Headquartered in China, the company believes that the Indian market for LED Displays will grow better than in its home country five years from...
teamwork

Team Comes First… Maybe Not

0
The order of priorities may vary, but building a strong team is essential for the long-term success of any startup. By strategically navigating the...

AMU’s Nehal Gupta Says Used EV Market Key To CEV Finance

0
Unlike the used vehicle market, no market exists for used commercial EVs. The former has been one of India's biggest vehicle sales enablers. So,...

Buzz

Microsoft’s Biggest Investment in UK for AI Growth

0
This move by Microsoft marks a turnaround in its stance towards the UK, especially after its president expressed concerns about the tech industry’s confidence...

British Petroleum Takes Over Solar Developer Lightsource BP

0
With full ownership, BP now aims to expand Lightsource BP's operations further and maintains its goal of achieving double-digit equity returns from this venture. In...

Dubai’s New Energy Policy for Sustainable Growth

0
The policy aligns with Dubai’s vision of net zero emission as well as its D33 economic agenda. Dubai has announced its plan to revolutionise its...

Important Sectors

British Petroleum Takes Over Solar Developer Lightsource BP

0
With full ownership, BP now aims to expand Lightsource BP's operations further and maintains its goal of achieving double-digit equity returns from this venture. In...

Dubai’s New Energy Policy for Sustainable Growth

0
The policy aligns with Dubai’s vision of net zero emission as well as its D33 economic agenda. Dubai has announced its plan to revolutionise its...

November Sees Over 91,000 E2W Sold, Hitting 780,000 EVs In 11 Months

0
India's electric two-wheeler market has seen a significant improvement. In November, retail sales surpassed 91,000 units, marking the highest monthly figures since the FAME...
Agriculture drone spraying water fertiliser on the sunflower field

Cabinet Approves Drones for 15000 Women Self Help Groups

0
Overall ₹9,60,000 will be gained by the beneficiaries with the help of drones. The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a...
Source: Antaisolar

Antaisolar Inks A Deal Of 50MW Solar Project

0
This contract advances a cleaner and more sustainable future for Africa The Ghanaian government is committed to enhancing its energy mix by emphasising...

Manufacturing

Foxconn to Expand its Footprint in India

0
This investment follows Foxconn's withdrawal from a $19.5 billion chipmaking joint venture in India. Hon Hai Precision Industry Co., also known as Foxconn Technology, plans...

Toyota Group Announces Sale Of Denso Shares Worth US$ 4.7 Billion

0
The stake sale occurs as the Japanese giant accelerates its electric vehicle production. Toyota Motor and its affiliates, Toyota Industries and Aisin are set to...

Union Industry Minister Piyush Goyal Meets Micron CEO for Expansion in India

0
He also met with entrepreneurs and VCs who can contribute to India’s growing talent in technological areas such as artificial intelligence. India's Commerce and Industry...

Which Are The Potential States To Host The Production Of Tesla In India?

0
The American electric vehicle giant Tesla Inc., led by CEO Elon Musk, has frequently hinted at its ambition to break into the burgeoning Indian...
US Chips

America’s $3 Billion Investment In Advanced Chip Packaging

0
The CHIPS for America R&D programs will support the growth of advanced packaging technology domestically. The Biden-Harris administration has announced a plan to enhance the...