(Bloomberg) -- Microsoft Corp. will give $40 million to help fund a graduate-school program with the University of Washington and China’s Tsinghua University, seeking to foster research in new technologies. The Global Innovation Exchange, which will be located in the Seattle area, marks the first time a Chinese research university has located a degree program in the U.S. The center will open in 2016 with the goal of attracting 3,000 students within a decade, according to Brad Smith, Microsoft’s general counsel.

The Exchange will initially offer a degree for engineers who can work on connected devices, called the Internet of Things. That, along with expertise in other areas such as data analysis, are among the skills sought by technology companies in Seattle and elsewhere. Microsoft is also facing numerous challenges in China, including an antitrust investigation and government preference for domestic software. Closer ties with Chinese institutions can sometimes gain a U.S. company more favorable treatment and build business relationships.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access