Cambridge University and the Massachusetts Institute of Technology (MIT) look set to extend their collaborative research project CMI at a new R&D centre on the Adastral Park research campus near Ipswich.
The centre will be called cmi@adastralpark, and will offer businesses state-of-the-art information technology, comms, education and research facilities. It will also develop management practices to turn ideas into business.
Last year, the CMI project received £65m from the DTI and now it is looking for a further £16m from the private sector. Sponsors include BT and BP, which have both pledged £2.5m during the next five years.
The centre will form part of a technology triangle, which will link BT's Adastral Park-based research arm BTexact with the Judge Institute, the Institute for Manufacturing at Cambridge University and MIT's Sloan School of Management.
Speaking at the 2001 Networks and Optical Communications conference at Adastral Park last week, Mike Reevers, BTexact's chief technology officer, said: "University College London has recently established a postgraduate technology centre here. It is good to see universities gathering around an industrial site as opposed to the Cambridge model, where industry gathers round the university. We expect MIT to have a presence here soon."
Max Stocker, spokesman for the IP-City campaign, which aims to bring high-tech companies to the Ipswich area, said: "We are very close to an announcement about MIT at the moment and are fully supportive of BT's bid to transform Adastral Park into Europe's premier innovation and research park."
MIT has been steadily expanding its European presence during the past three years through its link with Cambridge University and the opening of a branch of its Media-Lab in Dublin.