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Microsoft Announces Renewed Commitment to R&D with a100 Million Dollar Investments

Monday Nov 12th 2012 by CodeGuru Staff

Microsoft announces a planned $100mn investment into R&D and innovation projects located in the country of Brazil.

The announcement was made by Microsoft Brasil CEO Michel Levy in a ceremony in the country's capital Brasília in the presence of science, technology and innovation minister Marco Antonio Raupp, and education minister Aloizio Mercadante, the company said in a statement. The set of initiatives also includes the launch of a development center for MSFT's search platform Bing, as well as the creation of an investment company and a business accelerator for startups. Microsoft forecasts the creation of over 100 direct jobs. Read the rest of the story here.

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