ArmTech Congress 2012 continues in the Stanford University. Greeting the participants, US Ambassador Extraordinary and Plenipotentiary to Armenia John Heffern noted: “When I arrived in Armenia, I had no idea about the achievements in the IT sphere. The creative mind is the key to the future of Armenia. The U.S. Department of Commerce has issued a report based on UNESCO data, according to which Armenia is the first among CIS member states with the number of inventions per capita.”
Ambassador Heffern expressed confidence that those innovations can find their proper place in humanitarian and commercial enterprises and ArmTech is a brilliant opportunity for paving the way for the inventions.
Vice-President of the Synopsis Company John Chilton, Vice-President of the Intel Corporation John Davies and Vice-President of D-Link Company also welcomed the participants of the forum.
Within the framework of the ArmTech Congress the Intel Company signed a Memorandum of Understanding on the establishment of a research center in Armenia.
The Corporación América and the Armenian Government agreed to open a factory in Armenia to produce chips. Minister of Economy Tigran Davtyan signed the memorandum on behalf of the Armenian Government.