Pros
Very open culture, people open to suggestions from even new college graduates, always ready to discuss ideas. I had opportunity to work with some of the best people at Bangalore. I received some tasks with clear goal and appropriate guidance. I could go bug my lead from time to time to get feedback and help, and made really good progress in little time resulting in lot of confidence boost .. I joined with very little real world skills (no perl/shell scripting, not much programming or verilog) soon was able to ramp up on most of things because of interesting work.
Cons
It is a less people high output kind of company, so even though people are helpful they may be pressed for deadlines.. There is no official training and not so good documentation, so have to develop some soft-skills of bugging right people at right time to make forward progress.. If you don't have initiative - you can't servive here.. Engineers may be exposed to some high level decisions every few months when product level changes are made to adjust to market.. Similarly, there are lot of role changes depending on priority of projects so it causes some re-focusing issue.. Also you don't have ownership of something for a really long time so can't milk your invested time fully..