PACE (an acronym for Partners for the Advancement of Collaborative Engineering Education) has made a gift to the University of Cincinnati - an in-kind contribution that's being valued by the university at $420,687,132. According to a university press release, that makes it by far the largest gift ever received by UC.

The donation will help in the creation of a new academic program that merges engineering skills with art and architecture. The university's College of Engineering will work together on the new program with the College of Design, Art, Architecture and Planning.

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PACE was founded in 1999. It has made contributions to 39 academic institutions in 10 countries. The contributions are usually in the form of computer-based engineering tools. PACE works to help provide academic programs in mechanical design, engineering, analysis and manufacturing the equipment they need to impart professional skills to their students. Some 21 U.S. schools have receive PACE donations. Among the corporations involved in Pace are: General Motors, Inc., EDS , Hewlett-Packard Co., Siemens PLM Software, and Sun Microsystems.

The University of Cincinnati has about 35,000 students.

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