Apere | Press Releases


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	Apere, Inc USA Opens India Office to address $15B Enterprise Security Market


Apere, Inc USA Opens India Office to Address $15B Enterprise Security Market.

Honorable Minister for Finance, Govt. of AP, Shri. K. Rosaiah inaugurates APERE PRODUCT LIFE CYCLE CENTER at Hyderabad

Hyderabad, AP India., August 11, 2005 – Apere Inc - Enabling Secure Business, California.

Apere Inc USA, a Silicon Valley startup based in California, today launched the APERE PRODUCT LIFE CYCLE CENTER in Hyderabad, AP India. Honorable Minister for Finance, Govt. of Andhra Pradesh, Shri K. Rosaiah inaugurated the centre at Srishti Towers, Madhapur, Hyderabad on August 19th 2005. Apere Inc, USA was founded by successful serial entrepreneurs with distinguished track records in security and strong financial backing.

“APERE PRODUCT LIFE CYCLE CENTER at Hyderabad will be focusing on Market Analysis, Product Positioning, Research and Development to address the security needs of the enterprise,” said Mr. Ram Jayam, President and CEO, Apere Inc USA.

Gartner Research projects the world wide market for IT security to grow from $27 Billion in 2004 to $52 Billion in 2008. Denial of Service and other virus attacks have cost businesses over $200 Billion in the year 2004. 4.7 million customer records were lost just in the last 6 months. Apere addresses these challenges with unique, flexible, low cost, high performance patented solutions.

“This group of successful entrepreneurs in bringing Silicon Valley spirit and expertise to Hyderabad and APERE PRODUCT LIFE CYCLE CENTER puts Apere Inc, USA in a unique position to take advantage of this growing market opportunity.” said Sri. J. A. Chowdhry, President of The Indus Entrepreneurs (TiE), Hyderabad, Chapter.

The veteran leadership team at Apere possesses the proven ability to build highly successful technology start-ups culminating in rewarding acquisitions. The initial start-up by the team was acquired by Adaptec in 2001 for over $150 Million. The team has also defined and successfully launched paradigm shifting technologies for enterprises and established strong relationships with OEMs including Cisco, IBM, and HP, in addition to managing businesses generating revenue of over $250 Million per year.