Ohio State plans software innovation center with $110M gift

FILE - A sign for Ohio State University stands in Columbus, Ohio, May 8, 2019. Ohio State University announced plans Thursday, Feb. 16, 2023, to use a $110 million donation from IT innovator and executive Ratmir Timashev's family foundation to establish a software innovation center with the goal of becoming a new hub for innovation, entrepreneurship and product development. (AP Photo/Angie Wang, File)

COLUMBUS, Ohio (AP) — Ohio State University announced plans Thursday to use a $110 million donation from IT innovator and executive Ratmir Timashev's family foundation to establish a software innovation center with the goal of becoming a new hub for new ideas, entrepreneurship and product development.

It is the largest gift in the university's history.

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