IBM and the DOST Partner to Build R&D Lab

IBM (NYSE: IBM) and the Department of Science and Technology (DOST) of the Republic of the Philippines today signed a Memorandum of Understanding (MOU) to work together to establish the first Philippine Systems & Technology R&D Laboratory to help spur economic growth. 

President Benigno Simeon Aquino III witnesses the signing of the Memorandum of Understanding (MOU) between Science and Technology Secretary Mario Montejo and IBM Philippines President and Country General Manager Mariels Almeda Winhoffer in a ceremony at the President’s Hall, Malacañang Palace Thursday May 03, 2012 (Photo by: Jay Morales / Malacañang Photo Bureau).