Liferay Continues Global Expansion with New Office in Budapest, Hungary
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Open Source Leader Extends Footprint to Central and Eastern Europe LOS ANGELES--(Business Wire)-- Liferay, Inc., provider of leading open source portal software for the enterprise, recently inaugurated a new office in Budapest, Hungary as part of its ongoing global growth strategy. The new office will act as a strategic development center and will also provide training, consulting, and support services to the Central and Eastern European markets. The investment comes as Liferay, Inc. enjoys strong growth for its Liferay Portal Enterprise Edition subscription, with four consecutive quarters of bookings growth, including 37% growth in Q1 2010 over Q4 2009. To most effectively meet this market demand, the company drafted the Hungarian team directly from its global open source and business communities. The team`s proven experience with Liferay's technologies has allowed it to immediately enhance customer experience and add valuable multi-lingual skills to aid in the company's outreach to customers in the region. "We are very excited to be an official part of the Liferay team," said Zsolt Berentey, General Manager of Liferay Hungary. "Liferay's popularity has scaled significantly in Europe and we are eager to assist in its continued adoption and growth." In addition to meeting present-day demands for Liferay products and services, Liferay Hungary will also play a key part in cultivating Liferay's community in Hungary and Eastern Europe. "Our team in Hungary has a long-standing investment in Liferay and has hit the ground running, showing once again that business models based on open source principles provide value to customers that proprietary vendors cannot match," said Bryan Cheung, CEO of Liferay, Inc. "We wholeheartedly welcome our new team and look forward to more explosive growth in 2010." For more information about Liferay's products and services, visit www.liferay.com. About Liferay, Inc. Liferay, Inc. is the provider of leading enterprise open source portal and collaboration software products, recognized by Gartner in the Magic Quadrant and used by Fortune 500 companies worldwide, including Allianz, AutoZone, Benetton Group, Cisco Systems, Lufthansa Flight Training, The French Ministry of Defense, and the United Nations. Liferay, Inc. offers professional services, technical support, custom development and professional training to ensure successful deployment in the most demanding IT environments. For more information, please visit www.liferay.com. Liferay, Liferay Portal, and the Liferay logo are trademarks or registered trademarks of Liferay, Inc., in the United States and other countries. Liferay, Inc. Alice Cheng 1-877-LIFERAY pr@liferay.com or Liferay Hungary Akos Gabriel, General Manager akos.gabriel@liferay.com Copyright Business Wire 2010
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