Global Village Tech Park

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Coordinates: 12°55′13″N 77°30′15″E / 12.9203972°N 77.5042898°E / 12.9203972; 77.5042898

Global Village
Sonata Global Village.JPG
Development Center of Sonata Software at the Global Village.
FoundedV. G. Siddhartha / Cafe Coffee Day Group
LocationMysore Road, Rajarajeshwari Nagar, Bangalore
OwnerBlackstone Group
IndustryIoT, Electronics, Information Technology, Mechanical
Major companiesWebinspiron, Mindtree, Mphasis, NTT Data, Accenture, Evry, Northern Operating Services, Crompton Greaves, Textron, Sonata Software, Texas Instruments

Global Village Tech Park is a software technology park in Bangalore, India. The park is situated in Rajarajeshwari Nagar off Mysore Road, behind R.V. College of Engineering. It is about 13 km away from the city railway station and 4 km away from Kengeri railway station. The park is spread over 120 acres[1] with a total built-up area of 3.3 million sq ft.[2] Global Village Tech Park was constructed and owned until 2019 by Café Coffee Day under the brand name Tanglin.[3]

The headquarters of IT services firm Mindtree is located within the park. The tech park's value was estimated at 3,000 crore in 2019.[4][5] In September 2019, Blackstone Group acquired the tech park from Cafe Coffee Day for a sum of 2,800 crore.[6]

References[edit]

  1. Mohapatra, Debasis (30 July 2019). "Curious case of CCD founder: V G Siddhartha was under heavy debt burden" – via Business Standard.
  2. Khan, Sobia (2 March 2019). "Blackstone, Salarpuria in talks to jointly buy Rs 2,700-crore tech park" – via The Economic Times.
  3. "Global Village". Tanglin. Archived from the original on 10 January 2015.{{cite web}}: CS1 maint: unfit URL (link)
  4. PM, Indulal; Balasubramanyam, K. R. (2 August 2019). "Likely valuation of Rs 3,000 crore: Siddhartha's family & Blackstone may revive Tech Park sale talks" – via The Economic Times.
  5. "VG Siddhartha's kin, Blackstone to resume talk for Coffee Day tech park sale: Report". Moneycontrol.
  6. "Coffee Day sells Global Village Tech Park for ₹2,800 cr to Blackstone". Livemint. 6 September 2019. Retrieved 21 April 2020.