September 16, 2015
The Bosch Group, a German-based global supplier of technology and services, and Carnegie Mellon University announced two investments in the university today, including a $2.5 million gift for an endowed professorship in CyLab. The announcement comes in honor of the Carnegie Bosch Institute’s 25th anniversary.
The Carnegie Bosch Institute, an embedded entity at CMU funded by the Bosch Group, brings together corporate and academic experts to improve management and leadership of multinational companies. Bosch executives, CMU faculty members and other corporate leaders spoke at a conference titled “Entrepreneurship and Innovation in Global Markets” on CMU’s campus.
“Today we celebrate the continued partnership of Bosch and Carnegie Mellon University, a premier institution and an ideal partner for Bosch,” said Werner Struth, chairman, Robert Bosch LLC and member of the board of management, Robert Bosch GmbH, as well as a member of the CBI Governing Board. “When we established the Carnegie Bosch Institute in 1990, we knew it was the start of something remarkable for international business. The continued expansion of our partnership into research and development is a testament to the success and impact of bringing together industry and academia.”
“The long-standing partnership behind the Carnegie Bosch Institute has helped blaze a trail for industry-academia collaborations,” said CMU Provost Farnam Jahanian. “We thank the Bosch Group for their generous gift and look forward to working together for the next quarter century.”
The Carnegie Bosch Institute gift includes $1 million to support the Tepper Quadrangle, currently under construction along Forbes Avenue on the university’s Pittsburgh campus, which will house the Tepper School of Business as well as major university initiatives such as entrepreneurship and technology-enhanced learning. This addition is part of a $201 million project that was incited by a donation from Tepper School benefactor and 1982 alumnus David Tepper.
Bosch is also donating $2.5 million to establish the Bosch Distinguished Professor in Security and Privacy Technologies. This professorship will be used to support the directorship of CyLab.
“I am grateful for the support from Bosch for CyLab,” said James Garrett, dean of CMU’s College of Engineering. “Bosch’s support for the CyLab director is excellent recognition of CyLab’s cutting-edge research in cybersecurity and privacy.”
“These new gifts and initiatives will allow us to further the Carnegie Bosch Institute mission of improving international management,” said Sylvia Vogt, president of the Carnegie Bosch Institute. “Positioned at the intersection of industry and academia, we are uniquely able to affect how researchers and managers think about the future of global business.”
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