Microsoft to open research center near Moscow
Microsoft to boost its backing for Russian start-up enterprises, providing either financial or technical support.
Mon, Nov 01 2010 at 1:11 PM
NEW PARTNERSHIPS: Microsoft Corporation Director general Steve Ballmer at Microsoft ReMIX09 conference in Moscow. The company will be setting up a research center near the city. (Photo: ZUMA Press)
The agreement was signed by Microsoft chief executive Steve Ballmer and Viktor Vekselberg, who is in charge of the planned project in Skolkovo, the US group said in a statement.
The company in addition plans to boost its backing for Russian start-up enterprises, providing either financial or technical support.
Vekselberg said an investment of 180-200 billion rubles (4.3-48 billion euros, 5.9-6.7 billion dollars) would be needed to create the the complex at Skolkovo.
Copyright 2010 AFP Global Edition
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