Saturday, July 17, 2010

European IT Research Gets €1.2 Billion From EU

The European Union is set to add €1.2 billion (US$1.5 billion) in funding for IT research in Europe, and about half the amount is earmarked for robotic systems, next generation network and service infrastructures, electronic and photonic components and digital content technologies.
Emphasis will be placed on technologies that address societal challenges such as climate change, energy and food security, health and an aging population, said Commissioner Máire Geoghegan-Quinn as she announced the new funding on Monday.

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