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Saturday, November 30, 2024

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Microsoft Plans to Create Robotic Center in Greece

Microsoft Plans to Create Robotic Center in Greece

Microsoft spokesman Charles Lamanna revealed on Thursday that the multinational technology company plans to create an RPA (Robotic Process Automation) development center in Greece.

The announcement came during a teleconference between PM Kyriakos Mitsotakis, representatives from major multinational companies and representatives from Greek high-tech companies that have managed to attract foreign investment during the coronavirus pandemic.

The Prime Minister described the recent announcements of acquisitions of two Greek companies, Softomotive and Think Silicon by two leading global companies, Microsoft and Applied Material, respectively, as successive milestones for the development of high technology in our country.

“When I read the news about these investments, I was really excited, because I think this is an extremely positive message: in a very difficult time for the country, start-ups created by talented people in Greece have managed to attract foreign capital,” Mitsotakis stated.

Earlier in the month, Microsoft acquired the Greek-owned firm Softomotive, in what represented the largest acquisition of a Greek tech company to date.

UK-based Softomotive, which was founded in 2005 by Marios Stavropoulos, is today considered a pioneer in robotic process automation (RPA). One of the technological sectors currently enjoying the greatest demand, this concerns the software used for the automation of processes a computer user executes repeatedly.

The company Think Silicon was founded in 2007, in Patras Science Park, with an ambition to become the leading low-power mobile graphics company in the world. They have already expanded their presence, building headquarters in Toronto and California.

On May 4 it was announced that the firm had been placed under the umbrella of Applied Materials, a leading company in the semiconductor industry.

Source: banksnews.gr

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