FILE - A sign for Ohio State University stands in Columbus, Ohio, May 8, 2019. Ohio State University announced plans Thursday, Feb. 16, 2023, to use a $110 million donation from IT innovator and executive Ratmir Timashev's family foundation to establish a software innovation center with the goal of becoming a new hub for innovation, entrepreneurship and product development. (AP Photo/Angie Wang, File)
FILE - A sign for Ohio State University stands in Columbus, Ohio, May 8, 2019. Ohio State University announced plans Thursday, Feb. 16, 2023, to use a $110 million donation from IT innovator and executive Ratmir Timashev's family foundation to establish a software innovation center with the goal of becoming a new hub for innovation, entrepreneurship and product development. (AP Photo/Angie Wang, File)
COLUMBUS, Ohio (AP) 鈥 Ohio State University announced plans Thursday to use a $110 million donation from IT innovator and executive Ratmir Timashev's family foundation to establish a software innovation center with the goal of becoming a new hub for new ideas, entrepreneurship and product development.
It is the largest gift in the university's history.
鈥淭he idea is very simple,鈥 Timashev told the university's board. 鈥淭o make Ohio State, Columbus and the Midwest the new high-tech mecca.鈥
The Center for Software Innovation will bring together the College of Engineering, the Fisher College of Business and other partners in new ways, including through the creation of endowed professorships, cutting-edge academic offerings and hands-on industry experience for students, the university said.
The center aims to catalyze efforts across a region that has recently burgeoned with investments by the technology industry.
Intel is building just east of the Columbus, and Honda and LG Energy Solution of South Korea are building in nearby Fayette County that the automaker envisions as its North American electric vehicle hub.
Timashev said 鈥渆very business is a software business鈥 today and the time and place are right for the center to succeed.
"Technologies like artificial intelligence, machine learning, cloud computing, quantum computers will change the world completely in the next five to 10 years,鈥 he said.
The Russian-born Timashev earned a master鈥檚 degree in chemical physics in 1996 from Ohio State, one of the largest universities in the country. He co-founded Veeam Software, a global leader in cloud data management whose Americas headquarters is based in Columbus, and also a venture capitalist specializing in IT start-ups.
Ohio State President Kristina Johnson, who is , thanked Timashev, his wife, Angela, and their family for the gift, saying it will benefit the university and region and 鈥漵timulate innovation across the country for a very long time to come.鈥
The university recently named its new music building after the Timashev family after a $17 million donation from their foundation to the university鈥檚 College of Arts and 国产诱惑福利s in 2020. That building is part of its new Arts District.
Veeam also donated $5 milIion to the Arts and 国产诱惑福利s College in 2016, to support student scholarships, teaching and research in data analytics and chemical physics.
国产诱惑福利. All rights reserved.
Get the latest from 国产诱惑福利 News in your inbox. Select the emails you're interested in below.
Canada is entering a new era of nation-building. From clean-energy corridors and c…
Sorry, an error occurred.
Already Subscribed!
Cancel anytime
Thank you .
Your account has been registered, and you are now logged in.
Check your email for details.
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the email address listed on your account.
No promotional rates found.
Secure & Encrypted
Thank you.
Your gift purchase was successful! Your purchase was successful, and you are now logged in.
| Rate: | |
| Begins: | |
| Transaction ID: |
A receipt was sent to your email.
