U.S. software and consulting services firm IBM (International Business Machines Corp) is going to open research and development center in Skolkovo high-tech hub outside Moscow, a memorandum of understanding signed between the organizations said.
The document was signed by Skolkovo President Viktor Vekselberg, IBM Growth Markets General Director Bruno Di Leo and General Director of IBM’s Russia and CIS operations Kirill Kornilyev during the St. Petersburg International Economic Forum.
“IBM has century-long experience in innovations. That’s why we seek to engage IBM’s support to bolster Skolkovo’s development and the growth of innovation startups inside the fund,” a press release quoted Vekselberg as saying.
Skolkovo is President Dmitry Medvedev’s pet modernization project. The hub will focus on research in five priority spheres: energy, information technology, communication, biomedical research and nuclear technology.