Wednesday, 5 March 2008

New Yahoo R&D Lab in India to Focus on Search & Advertising

Yahoo! Has expanded its India research and development (R&D) operations with the launch of Yahoo! Labs - Bangalore, its first in India.

Yahoo! Labs - Bangalore will be a center of excellence for next generation search and advertising technologies, focused on making the Web more relevant and simple for users and advertisers.

"Yahoo! Labs - Bangalore intends to build its world-class team, which is focused on delivering the most valuable insights and leading edge technologies to delight all of our customers worldwide," said Dr. Prabhakar Raghavan, SVP and Head of Yahoo! Research.

The Internet goliath plans to employ scientists and engineers to focus on new approaches to information extraction and machine learning, multimedia and query processing.

"We are excited to have a scientist of Dr. Rajeev Rastogi's stature establish Y! Labs - Bangalore, in India. Yahoo! India R&D contributes significantly to the success of Yahoo! globally and Y! Labs - Bangalore will further leverage this momentum in India. We believe Yahoo! Labs - Bangalore will play a critical role in driving the next wave of innovation on the Internet," said Sharad Sharma, CEO Yahoo! India R&D.