Armenian government and Intel agree to open research center in Yerevan

Armenian government and Intel agree to open research center in Yerevan

YEREVAN, December 11. / ARKA /. The Armenian government and Intel Corporation signed a memorandum of understanding to open an Intel research center in Armenia. The document was signed on the sidelines of ArmTech Congress that kicked off December 10  at the Department of Civil and Environmental Engineering at Stanford University.

Armenian Prime Minister  Tigran Sargsyan, the US Ambassador to Armenia, John Heffern, were among the dignitaries and top industry executives attending the event, whose objective is to bring executives from high tech industry; researchers and officials from academia; representatives from the venture capital community and other investors as well as top government officials from the Silicon Valley, Armenia, Europe and other geographic locations to explore the next generation of emerging markets and related technologies in the Silicon Valley and Armenia, and to help setting the next stage of high tech industry development in Armenia.

From the Armenian side the memorandum was signed by the Minister of Economy Tigran Davtyan.
The agreement on the opening of an Intel research center in Armenia was reached in early September, following a meeting in Yerevan between  Prime Minister Tigran Sargsyan and Intel’s  Country Director  Cristian Morales.

The center will be a research laboratory  working  on  advanced technology of Intel R & D.
It was  the fifth annual ArmTech Congress conceived under the theme of “learning from the past and inventing the future.”   -0-

20:53 11.12.2012





 

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