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Hewlett-Packard to Open Russian Research Lab

Stock quotes in this article: HPQ  

Hewlett-Packard(HPQ Quote) is tapping Russia's vast pool of tech talent, as it seeks to harness the Internet's explosion of online data.

The company announced plans to open a research facility in St. Petersburg, Russia, on Monday to pursue "advanced information management technologies."

The facility will be the sixth international outpost of the Palo Alto, Calif.-based H-P Labs, and the third research facility established abroad in the past five years. H-P Labs expanded into Bangalore, India, in 2002, and opened a facility in Beijing, China, in 2005.

"A globally distributed R&D network allows H-P to access research talent anywhere and collaborate around the world to create new technologies for our customers," said Chief Strategy and Technology Officer Shane Robison in a statement. ...

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