VASCO is opening a subsidiary in Mumbai, India
July 2008 by Marc Jacob
VASCO Data Security International, Inc. announced that it will reinforce its presence in Asia by opening a subsidiary in Mumbai, India. VASCO received the official Certificate of Incorporation of VASCO Data Security (India) Private Limited at the end of Q2 2008.
The new subsidiary will be responsible for sales and support in India. Shortly, VASCO hired its first local staff, responsible for delivering support to VASCO’s Indian customers and prospects. The Indian team will report to VASCO’s regional hub in Sydney, Australia.
In every large market, VASCO follows a three-step approach to success.
In a first phase, VASCO aims at winning large customers in the banking sector.
Secondly, VASCO adds the Enterprise Security sector as a focus to its regional approach. In this phase, VASCO looks for local partners and local employees.
In a third phase, VASCO opens a local office.