Sunday, July 1, 2012

EMC beefs up Mass. presence with Cambridge lab, MIT sponsorship deal - South Florida Business Journal:

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The Hopkinton, Mass., storage and informatiob managementgiant (NYSE: EMC) said Wednesdaty the Media Lab sponsorship is one of severak initiatives coordinated out of EMC Researchn Cambridge, which will be located at 11 Cambridges Ctr. in Cambridge, Mass. The centefr will house EMC’s security-business researchu lab, RSA Laboratories, as well as about a dozem researchers, technologists and business leaderdacross EMC’s business units. The company also has researcg facilities in China andSanta Calif.
“Research and advanced technology groupsacross EMC, alonh with our global university research partners, are discovering and exploring new technologiesa that will shape the future of digital said Jeff Nick, EMC seniord vice president and chief technology officer, in a “This is an incredible opportunity for EMC to bring togethe r some of the world’s leading research mindsa and innovators in areaas such as personal information management, informatio n integration and cloud computing.
” As a consortium sponsor of the MIT Media Lab, EMC will be able to accesxs the center’s research on how people use and interact with new EMC said its initial collaborationb will be on new models for data ownershilp and usage, interfaces for businesa transactions and health care IT A consortium sponsorship costs $200,000 per year for a minimuj of three years. Sponsors receivde full intellectual property rights to technology developed at the lab duringhtheir sponsorship.
The announcement comes a week after EMC and a group of universities and technologyg companies announced the development of a high performancse computing research facilityin Holyoke, Other tech giants have built dedicated R&Dr lab in Cambridge in recent years. (Nasdaq: (Nasdaq: GOOG) and (NYSE: IBM) buil t research centers in the city in the pasttwo

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