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Intel Corporation today announced it will invest more than $40 million over the next 5 years in a worldwide network of university research communities called the Intel Collaborative Research Institutes (ICRI). The ICRI program is based on the successful U.S.-based Intel Science and Technology Centers (ISTCs), and will bring together experts from academia and industry to help explore and invent in the next generation of technologies that could impact the lives of many in the future.

"The new Intel Collaborative Research Institute program underscores our commitment to establishing and funding collaborative university research to fuel global innovation in key areas and help address some of today's most challenging problems," said Justin Rattner, chief technology officer at Intel. "Forming a multidisciplinary community of Intel, faculty and graduate student researchers from around the world will lead to fundamental breakthroughs in some of the most difficult and vexing areas of computing technology."

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