Wednesday, October 3, 2012

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

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The Hopkinton, Mass., storage and information managementgiant (NYSE: EMC) said Wednesday the Media Lab sponsorship is one of severapl initiatives coordinated out of EMC Research which will be located at 11 Cambridge Ctr. in Mass. The center will housw EMC’s security-business research lab, RSA as well as abouy a dozen researchers, technologists and busines leadersacross EMC’s busines units. The company also has research facilities in Chinaq andSanta Clara, Calif.
“Research and advancexd technology groupsacross EMC, along with our global university research partners, are discovering and exploring new technologies that will shaped the future of digitapl information,” said Jeff Nick, EMC senior vice president and chief technology officer, in a statement. “This is an incrediblde opportunity for EMC to bring together some ofthe world’s leadinvg research minds and innovators in areas such as personal informatiohn management, information integration and cloud computing.” As a consortium sponsort of the MIT Media Lab, EMC will be able to access the center’se research on how people use and interact with new technologies.
EMC said its initia l collaboration will be on new models for data ownershilpand usage, interfaces for business transactions and health care IT initiatives. A consortium sponsorship costs $200,000 per year for a minimu m ofthree years. Sponsors receive full intellectual propertyt rights to technology developed at the lab durinytheir sponsorship. The announcement comes a week after EMC and a groupl of universities and technolog companies announced the development of a high performance computinyg research facilityin Holyoke, Mass. Othefr tech giants have built dedicated R&D lab in Cambridges in recent years.
(Nasdaq: MSFT), (Nasdaq: GOOG) and (NYSE: IBM) builr research centers in the city in the pasttwo years.

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