MIT's Media Lab Europe To Fold - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Other

MIT's Media Lab Europe To Fold

A partnership between the Massachusetts of Technology and the Irish Government, it will be phased out over a period of months.

Media Lab Europe, initially established as a partnership of the Massachusetts of Technology and the Irish Government, will be phased out over a period of months. The two parties have decided to shutter the research effort because it couldn't generate enough outside funding.

Irish Minister for Communications Noel Dempsey said 50 persons will lose their jobs. Officials at the Media Lab in Dublin are bemoaning the loss of some 20 projects at the Lab--most with telecommunications overtones and "many of truly ground-breaking potential." They added that MIT, which had sought to extend the success of its U.S. Media Lab, and the Irish Government couldn't reach agreement on new funding.

The lab had attracted some financing from major corporations including AOL, BT, Ericsson, Intel, and Orange, but some observers noted that Ireland's lack of high technology firms headquartered in the country worked against the ambitious funding efforts.

Another problem was the timing: the Lab was founded in 2000 just as the dot.com bubble began to deflate.

At its height, the Dublin lab had some 100 workers including staff researchers, students, collaborators, and part-time undergraduates.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2021 State of ITOps and SecOps Report
2021 State of ITOps and SecOps Report
This new report from InformationWeek explores what we've learned over the past year, critical trends around ITOps and SecOps, and where leaders are focusing their time and efforts to support a growing digital economy. Download it today!
InformationWeek Is Getting an Upgrade!

Find out more about our plans to improve the look, functionality, and performance of the InformationWeek site in the coming months.

News
How SolarWinds Changed Cybersecurity Leadership's Priorities
Jessica Davis, Senior Editor, Enterprise Apps,  5/26/2021
Commentary
How CIOs Can Advance Company Sustainability Goals
Lisa Morgan, Freelance Writer,  5/26/2021
Slideshows
IT Skills: Top 10 Programming Languages for 2021
Cynthia Harvey, Freelance Journalist, InformationWeek,  5/21/2021
Register for InformationWeek Newsletters
Video
Current Issue
Planning Your Digital Transformation Roadmap
Download this report to learn about the latest technologies and best practices or ensuring a successful transition from outdated business transformation tactics.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll