IBM AND LITHUANIAN GOVERNMENT SIGN PROTOCOL OF INTENT TO SET UP A LARGE RESEARCH CENTRE IN LITHUANIA
The Lithuanian Government and the multinational computer, IT and technology corporation IBM have signed a letter of intent setting up a joint research centre in Lithuania earlier today at the headquarters of the IBM in New York.
“Joint research centre with a global high-tech giant undoubtedly marks a huge achievement for Lithuania. This means that out of a country applying innovations we are turning into a country creating innovations for the entire world”, said Prime Minister Andrius Kubilius.
“It is a concrete step towards our ambition to become a regional innovations centre in 2020”, said Minister of Economy Dainius Kreivys. According to the Minister, foundation of a joint research centre will keep Lithuania’s researchers from leaving the country and provide an opportunity to work in the world-class laboratories.
IBM is among the companies holding the largest number of patents in the world: it ranked fourth in 2009 on the Top Ten list of 2009 patent recipients in the US, with the number of patents several times exceeding its closest high-tech rivals. In 2009 alone, IBM inventors received 4,914 patents for a range of potentially world-changing inventions, such as sending alarms to hearing impaired individuals during fire.
Prime Minister Kubilius and Minister of Economy Kreivys are on a working visit to the US; the major aim is to attract investments to Lithuania’s high-tech sector.