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Money > PTI > Report March 30, 2001 |
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TCS to contribute $1.3 mn for research in California UnivThe Tata Consultancy Services has announced a $1.3-million contribution to the University of California to support research in digital media technology. "There is no better place to develop digital media technologies than California, a state that is at the epicenter of the hi-tech and entertainment industries," chief executive officer of TCS S Ramadorai said on Thursday. The research on 'Infrastructure Support to Network-Based Content Delivery' will be jointly conducted by professionals from TCS and the University. "Together with the University, we have committed impressive resources that will continue not only the state's record, but also TCS' record of worldwide technology leadership," Ramadorai said addressing technology leaders in California's Riverside. Satish K Tripathi, Dean of the University's Bourns College of Engineering, said the state was the nerve centre of technological innovation in the world of Internet. TCS, Silicon Valley's first India-based company and the largest IT consultancy in Asia, was recently named the fourth fastest-growing consultancy in the US. TCS provides information technology and management consulting services to organisations in over 50 countries. The $500-million company, with 15,000 employees, has 38 offices in the US and over 100 worldwide.
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