New IBM Global R&D Lab In Australia

The new global research and development lab will be located at the University of Melbourne, a world-class research university, and will begin operations during the first quarter of 2011. IBM expects to employ about 150 people there within five years.

“At IBM, R&D investment plays a critical role in the company's strategy for growth,” said Dr. John E. Kelly III, IBM senior vice president and director of IBM Research. “By combining research and development into one lab to focus on creating smarter planet solutions, IBM is creating a new kind of innovation centre in Australia – unlike anything the company has done before.

The new lab will work closely with leading Australian scientists and engineers from academia, government and commercial entities to extend IBM's global R&D footprint and further the impact of its smarter planet strategy.”

Source: www-03.ibm.com/press/au/en/pressrelease/32726.wss