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OSU receives record-setting gift for new software innovation advancement

Timashev Family Music building dedication October 23, 2022. Jeremy W. Smith talks with Ratmir Timashev Photo: The Ohio State University

COLUMBUS — The Ohio State University has received a $110 million gift to establish a new way to advance education in software innovation, product management, sales, and marketing.

The donation was made Thursday by the Timashev Family Foundation to establish the universities Center for Software Innovation, according to a press release from OSU.

The Timashev family announced this is the largest single gift in Ohio State history.

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“This historic gift will be transformational for our students, faculty, and the entire heartland and beyond,” said President Kristina M. Johnson. “Ratmir and Angela met in Columbus, and their generosity has been remarkable. A brilliant entrepreneur, Ratmir launched two globally successful companies right here in Columbus.”

Back in 2020, the Timashev family gave $17 million to pay for the Timashev Family Music Building at Ohio State.

Ratmir Timashev said, “it is my privilege to give back to the Buckeye community, which has played a tremendous role throughout my life and career.”

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