Ultralab, a global network of laboratories dedicated to developing educational software, is coming to New Zealand.
The New Zealand branch, established in partnership with the Canterbury Development Corporation, officially opens in Christchurch on Thursday.
CDC spokesperson Lindsay Prescott says some of the benefits will be creating jobs, attracting foreign investment and luring overseas academics, as well as retaining New Zealanders with talent in the field of educational software.
Work done by Ultralab overseas includes developing Think.com, a website that allows children to build an online presence developed in partnership with Oracle.
The New Zealand branch is to be called Ultralab South.