Intel President Paul Otellini said that the firm would cough up $200 million itself toward the plan. "The members of this alliance have committed to invest $3.5 billion in promising clean technology, information technology and biotechnology companies over approximately two years," Otellini said in a speech at the Brookings Institution think tank.
Additionally, Intel also announced plans for it and other companies to double their hiring of college graduates in the country, creating more than 10,500 new jobs. Otellini estimated the total annual paychecks would total more than $1 billion.
The companies that have vowed to take on more college graduates are..
- Adobe Systems Inc.
- Autodesk Inc
- Broadcom Corp
- CDW LLC CDW.UL
- Cisco Systems Inc.
- Dell Inc.
- eBay Inc
- EMC Corp
- General Electric Co
- Google Inc
- Hewlett-Packard Co
- Intel Corporation
- Liberty Mutual Group
- Marvell Technology Group Ltd
- Marvell Semiconductor
- Microsoft Corp
- Yahoo Inc
Written by: James Delahunty @ 23 Feb 2010 14:55