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October 21, 2004 11:23 AM PDT

IBM gives grants to universities

IBM Research announced on Thursday that it will underwrite 20 research projects with grants under its Shared University Research Program. In all, IBM has provided over $70 million in research funds to universities in the past three years.

The 20 projects will take place at 27 different institutions, including Brown University, the University of California at Berkeley and the University of British Columbia. The projects include developing technology for more accurate mammograms (Oxford University), advanced supply chain practices (Michigan State, Arizona State, Penn State and University College, Dublin) and simulated protein folding (Columbia University). Under the program, IBM provides equipment and other assistance, and enjoys access to the results of the research.

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