Microsoft Plans $100M Tech Center in Brazil

With foreign tech centers already established in Germany, Israel, and Egypt, Microsoft now has plans to build a $100 million technology center in Rio de Janeiro, CNet reports via Agencia Estado. 

Currently, Microsoft has a smaller outpost in Sao Paulo, which received a $5 million investment earlier this year, however the tech center planned for Rio is expected to be much more comprehensive. 

In 2008, Microsoft launched a project to help expand Internet cafes across Brazil, with educational and job-training opportunities as well. 

According to the CNet report, however, it remains unclear whether the new tech center will be dedicated to product development, training, research, or a combination of various functions. The project will receive support from the Brazilian government, though most funding will come directly from Microsoft. 

Brazil has become an attractive destination for investment from tech companies, with Cisco spending big on a Rio tech center earlier this year and Intel also planning a new research hub in the emerging South American economy.