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Money News

Novell to invest $100 mln in India over 3 yrs

BANGALORE (Reuters) - Business software maker Novell Inc plans to invest $100 million in India over the next three years as it seeks to boost its presence in Asia’s third-largest economy, its chief executive said on Wednesday.

The investment includes an engineering facility in Bangalore, its largest outside the United States, which CEO Ron Hovsepian inaugurated on Wednesday.

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