Press Release: Europe speeds up industrial research in Micro-Computers

The European Commission launched a major Joint Technology Initiative (JTI) called ARTEMIS on February 22, 2008. With an unprecedented investment of € 2.5 billion, this initiative, that has been endorsed by the Council of Ministers and by the European Parliament at the end of 2007, addresses embedded computer systems that – while running almost unnoticed by users – improve the performance of all kinds of machines: from cars, planes and phones, to factories, washing machines and televisions. The Governing Boards of ARTEMIS – where public and private stakeholders take decisions jointly – met for the first time in Brussels today.