34°
The move is expected to bring approximately 1,000 jobs to the New Jersey Health + Life Science Exchange — better known as the HELIX.
The move also means that Nokia Bell Labs will be leaving its campus in Murray Hill, one that began as the Bell Telephone Laboratories in 1925 — and where researchers are credited with the development of the transistor, among other major innovations. Ten Nobel Prizes have been awarded for work completed there.
"The new leading-edge R&D facility will propel Nokia Bell Labs to adapt and evolve to remain at the forefront of cutting-edge technology and continue contributing to a legacy of innovation in New Jersey," the company said in a news release.
As the industrial research arm of Nokia, Nokia Bell Labs has always moved ahead to deliver some of the world’s most important technological breakthroughs.
Nishant Batra, Chief Strategy and Technology Officer at Nokia, said: “Our Murray Hill campus has been home to iconic Nokia Bell Labs innovation for over 80 years. . . .Ultimately, we want a facility that feels right for the next 100 years of Nokia Bell Labs.”
Gov. Phil Murphy said, "By announcing its new state-of-the-art facility in the Helix, Nokia builds upon its remarkable legacy in the Garden State, a legacy that will continue to produce cutting-edge technologies. . . . What’s more, Nokia’s presence in New Brunswick’s growing tech hub will generate good-paying jobs and further solidify the city’s standing as a regional leader in the innovation economy.”
New Brunswick Mayor Jim Cahill said: “Nokia Bell Labs’ commitment to New Brunswick as the home for their new research and development facility speaks volumes about the potential and promise our city holds. It is a testament to the collaborative spirit, innovation, and forward-thinking attitude that defines our community."
Click here to follow Daily Voice Edison and receive free news updates.
