BASKING RIDGE, N.J., and WALTHAM, Mass. -- Verizon broke ground today on its new Technology Innovation Center in Waltham, Mass. The center will be a catalyst for delivering new and innovative devices and services that connect people, places and things, using next-generation wireline and wireless technology.
The Verizon Technology Innovation Center will be the first-of-its-kind collaboration hub for expanding the telecommunications ecosystem by taking advantage of the convergence of new technologies to offer customers powerful new products and services.
The brainchild of Dick Lynch, Verizon executive vice president and chief technology officer, the Verizon Technology Innovation Center is designed to provide a central base for Verizon’s advanced technology initiatives. It will house office and lab space for some of the country’s leading technologists and scientists as well as a state-of-the-art Executive Briefing Center where partners, consumer electronics companies, innovation collaborators, business executives and public officials can meet to discuss and collaborate on forward-looking technologies such as FiOS and next-generation 4G Long Term Evolution (LTE) wireless technology. Application and advancement of these new technologies will be a key focus.
Verizon Communications Inc. (NYSE: VZ)