Budapest will host the new data-processing center of the European Organization for Nuclear Research, or CERN, from 2013. The facility will be established in the outskirts of Hungary’s capital and is set to have bigger broadband capacity than the rest of Hungary combined.

MTA WIGNER FK, the physics research centre at the Hungarian Academy of Sciences, edged out 30 applicants, mainly multinational firms, to win the tender for the 40-billion-forint (US$185 million) investment. The hub will provide data-processing services for the huge volumes of research material that CERN scientists gather from their experiments. One of its key functions will be to process incoming results from CERN’s famous large hadron collider.

Source: Wall Street Journal