Microsoft to invest $1.5m in Technion e-commerce research

The center will promote research in artificial intelligence, games theory, computer science, economics, and psychology and their applications in e-commerce.

The Microsoft Research (MSR) division plans to invest $1.5 million over the next five years in a joint research program with the Technion - Israel Institute of Technology. Prof. Moshe Tennenholtz of the William Davidson Faculty of Industrial Engineering and Management will head the project.

"The center will finance and promote basic research in artificial intelligence, games theory, computer science, economics, and psychology, with a focus on the relations between them and their application in e-commerce," said the Microsoft R&D Center in Israel. Scores of researchers will participate in the projects, which Microsoft hopes will lead to products in 5-10 years.

Microsoft Corporation (Nasdaq: MSFT) is trying to ensure its leadership in the ever-changing computer world, with an emphasis on online search engines and advertising. Microsoft's Online Services Division (OSD) posted $662 million in sales in the second quarter of 2011, 17% more than in the corresponding quarter, but it operating loss was $728 million.

Microsoft Israel says that collaboration with the Technion would enable the center's researchers to develop the scientific understanding and technologies that will result in breakthroughs in e-commerce, such as online advertising and the use of cloud computing and social networks for commercial purposes."

Published by Globes [online], Israel business news - - on October 9, 2011

© Copyright of Globes Publisher Itonut (1983) Ltd. 2011

View comments in rows
Update by email about comments talkback
Your name
Please insert your name
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
Twitter Facebook Linkedin RSS Newsletters גלובס Capital  Markets Conference 2017