VVDN Technologies plans to expand in Europe, aiming to achieve revenues of $500 million in the next three years from the region.
VVDN Technologies plans to expand in Europe under its new leadership. The company, which has a strong footprint in the United States, Canada, and Asia-Pacific (APAC) region, is now presenting the new ambitions in Europe and is focusing to achieving revenue of $500 million in the next three years from the region.
VVDN intends to help a lot of OEMs and brands in Europe to address their technology gap in the space of 5G telecom, datacenter, networking and Wi-Fi, vision, automotive, EV, and cloud space. The company IPs in the above domains can enable customers operate at scale as well as speed by reinforcing the technology adoption.
“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,” said Amit Saharan, VP, Business Development Wireless, Vision and IOT, Europe.
VVDN’s Europe expansion announcement is part of VVDN’s growth strategy and will be led by multidisciplinary teams. With 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.
“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 and 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,” said Nitin Jain, VP-Business Development 5G & Datacenter, Europe.
VVDN aims to accelerate its 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.