Chinese PC vendor Lenovo will invest approximately $100 million in a software research and development (R&D) center in Sao Paulo, Brazil.
The facility will provide an estimated 100 jobs. It is Lenovo’s first R&D center dedicated to software development for Lenovo’s Enterprise Product Group (EPG), said Lenovo in a statement.
São Paulo is responsible for 72 percent of all the public investments made in Brazil every year.
The Lenovo R&D center will be installed at the University of Campinas (Unicamp) Science and Technology Park located roughly 100km (60 miles) from São Paulo City. The project was supported by Investe São Paulo, the states’ investment promotion agency, affined to the Secretariat for Economic Development, Science and Technology.
The São Paulo R&D center will focus on innovation in enterprise software solutions and servers, storage and cloud technologies. The center will y expand Lenovo’s global footprint while providing innovative, high-value software solutions and services to global markets.
In the coming years, the facility has the potential to generate an estimated 220 high-level development jobs, supporting both the Enterprise Product Group as well as Lenovo’s storage offering – LenovoEMC. Operations are scheduled to begin as early as January 2014.
In July 2012, the president of Lenovo Brazil, Dan Stone, announced to Governor, Geraldo Alckmin, that the company would invest $30 million at Itu city to install a factory and a distribution center for the manufacturing of several models of personal computers. The plant currently has 700 employees and will have over 2,000 when it reaches maximum capacity.