A memorandum of understanding was signed at Santa Clara in US by Andhra Pradesh officials and senior executives of Google in the presence of visiting chief Minister Y S Rajeshkara Reddy. Information Technology and communications department, and Roy Gilbert, director online sales and operations, Google. In Hyderabad, Google has the second largest operations in India and is home to engineering, online sales and service, information systems, human resources and other support functions. At the end of 2006, Google had global revenues of over $10,604.92 million, with market capitalization of about 1$50 billion. The Google plex in Mountain View, California, is the world headquarters for the Google organization. Google has more than 20 offices around the globe and is present across four locations in India – Bangalore, Hyderabad, Delhi and Mumbai.