YSU AND VIRAGE LOGIC SIGN MEMORANDUM OF UNDERSTANDING
11-04-2008 16:00:00 | Armenia | Economy
YEREVAN, APRIL 11, NOYAN TAPAN. Yerevan State University
(YSU) and Virage Logic Corporation, a market leader in providing
advanced embedded memory intellectual property (IP) signed on
April 7 a Memorandum of Understanding, intended to establish
legal relations for further cooperation. The memorandum was
signed by Aram Simonian, YSU rector and Alex Shubat, Virage
Logic Corporation vice president of research and development,
chief technical officer and director.
At the April 10 press conference, A. Shubat said that the
sides created a working group with the aim of specifying the
details of cooperation, in particular, the issue of founding an
interdepartmental chair at YSU. According to him, until now the
preparation of staff for Virage Logic's Armenian susidiary has
been done under target training programs in cooperation with
higher educational institutions.
It was mentioned that Virage Logic has an intention to
ensure the appropraiate research work conditions for YSU
students, by which the corporation pursues long-term goals.
Long-term investments will be made. With this aim, YSU
educational programs of interest to Virage Logic have to be
brought into line with the requirements of the corporation.
In the words of Varuzhan Masarajian, director of the
Armenian subsidiary of Virage Logic, it is envisaged organizing
Virage Logic's training courses at YSE. The courses will be held
starting from July 1st.