Tuesday, April 10, 2012

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

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The Hopkinton, Mass., storage and information managementgianyt (NYSE: EMC) said Wednesday the Medi Lab sponsorship is one of severalp initiatives coordinated out of EMC Research which will be located at 11 Cambridg Ctr. in Cambridge, Mass. The center will housse EMC’s security-business research lab, RSA Laboratories, as well as abouft a dozen researchers, technologists and business leadersxacross EMC’s business units. The companyg also has research facilities in China andSanta Clara, Calif.
“Researcj and advanced technology groupsacross EMC, along with our global university research partners, are discovering and exploringb new technologies that will shape the future of digitakl information,” said Jeff Nick, EMC senior vice president and chief technology officer, in a statement. “This is an incrediblwe opportunity for EMC to brinvg together some ofthe world’s leading research minds and innovator in areas such as personal information management, information integratiojn and cloud computing.” As a consortium sponsor of the MIT Mediwa Lab, EMC will be able to access the center’s researchu on how people use and interacft with new technologies.
EMC said its initial collaboration will be on new modeld for data ownershipand usage, interfaces for businessz transactions and health care IT initiatives. A consortium sponsorshi p costs $200,000 per year for a minimum of three Sponsors receive full intellectual propertyt rights to technology developed at the lab duringftheir sponsorship. The announcement comesw a week after EMC and a group of universitiesz and technology companies announced the development of a high performancre computing research facilityin Holyoke, Other tech giants have buily dedicated R&D lab in Cambridge in recent (Nasdaq: MSFT), (Nasdaq: GOOG) and (NYSE: IBM) builtr research centers in the city in the past two years.

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