Intellisys is planning a large-scale R&D facility in Rajarhat near Kolkata, and intends to spend $5.4 million to acquire a one-acre plot from the West Bengal government. The proposal is expected to be implemented by the R&D unit within three years.

The firm at present employs around 70 people, which will rise to 500-600 with the establishment of the facility in Rajarhat. S Chakraborty, CEO of Intellisys, said the company has bought about 5,000 sq ft of land in the DLF IT Park at Rajarhat for the R&D centre. The Rajarhat R&D unit is to be the company's flagship research facility. By entering into joint research projects with IITs and other top engineering colleges, Intellisys is planning to create a research eco-system in the country.

The company is predicting a turnover of around $65 million by March, 2011, said Chakraborty. He added that the company is to explore partnersip opportunities with global R&D institutions. Bennett Coleman & Co Ltd (BCCL), publishers of the Times of India and the Economics Times, have entered into a private treaty deal with Intellisys, with an eight per cent stake in the company.

Vennfer, the newly launched software based video conference solution, is supposed to be India's first IP based video conference software solution that enables real-time audio, video, and data conferencing over LAN, WAN, and broadband. This system will allow videoconferencing sessions across 37 different locations. X