Yahoo! Inc. (NASDAQ:YHOO), a leading global Internet company, today
announced the expansion of its India R&D operations with the launch of
Yahoo! Labs – Bangalore, its first in India.
Dr. Rajeev Rastogi has been appointed as vice president and head of the
new lab.
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. As a demonstration of Yahoo!’s
commitment to recruiting world-class talent in India, Rastogi was
appointed to assemble a world-class team of scientists and engineers to
focus on new approaches to information extraction and machine learning,
multimedia and query processing.
“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. “Rajeev’s
background and expertise in product development, as well as his deep
experience in research will strengthen our leadership in international
research and technology and leverage knowledge from across the region.”
Prior to joining Yahoo!, Rastogi was the founding director of Bell Labs
India. He was a Bell Labs Fellow and Distinguished Member of its
Technical Staff. Currently, he sits on the editorial board of
Communications for the Association for Computing Machinery (CACM).
Rastogi has published over 125 papers on database systems and
information storage and management and holds over 40 patents.
“Yahoo! is focused on pioneering research and
technology to delight hundreds of millions of users each day on the Web,”
said Rastogi. "I’m delighted to
be joining Yahoo! and plan to draw on my experiences in the areas of
database systems, data mining and network management to help the team
tackle some of the toughest problems on the Web.”
“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.
As part of Yahoo!’s thought leadership
efforts, Rastogi will be instrumental in continuing the success of Yahoo!
Big Thinkers India, a series of quarterly public lectures on
science, technology and the Internet. The 2008 India series kicks off
tomorrow with Dr. Preston McAfee, Research Fellow and VP,
Microeconomics, Yahoo! This series brings together academia, scientists,
industry and media, and will feature international subject matter
experts from within Yahoo!. The speakers bring with them their expertise
and a global perspective of the constantly changing world of technology,
online products & communities and the Internet industry.
About Yahoo! Inc.
Yahoo! Inc. is a leading global Internet brand and one of the most
trafficked Internet destinations worldwide. Yahoo! is focused on
powering its communities of users, advertisers, publishers, and
developers by creating indispensable experiences built on trust. Yahoo!
is headquartered in Sunnyvale, California. For more information, visit pressroom.yahoo.com
(http://pressroom.yahoo.com/)
or the company´s blog, Yodel Anecdotal (http://yodel.yahoo.com/).
Yahoo! Inc.
Amber McCasland, +44.207.131.2214
amc@yahoo-inc.com
or
Yahoo!
India R&D
Raghavendra R, +91.988.003.6100
raghaven@yahoo-inc.com
