the Warwick Arts Centre.
The university admitted its first, small intake of graduate students in 1964, and took its first 450 undergraduates in October 1965. Since its establishment Warwick has expanded its grounds to 721 acres (2.9 km2), with many modern buildings and academic facilities, lakes, and woodlands. In the 1960s and 1970s, Warwick had a reputation as a politically radical institution. Under Vice-Chancellor Lord Butterworth, Warwick was the first UK university to adopt a business approach to higher education, develop close links with the business community and exploit the commercial value of its research. These tendencies were discussed by British historian and then-Warwick lecturer, E. P. Thompson, in his 1970 edited book Warwick University Ltd.. The Leicester Warwick Medical School, a new medical school based jointly at Warwick and Leicester University, opened in September 2000.
On the recommendation of then-Prime Minister Tony Blair, Bill Clinton chose Warwick as the venue for his last major foreign policy address as US President in December 2000. Sandy Berger, Clinton's National Security Advisor, explaining the decision in a press briefing on 7 December 2000, said that: "Warwick is one of Britain's newest and finest research universities, singled out by Prime Minister Blair as a model both of academic excellence and independence from the government."
=== Twenty-first century ===
The university was seen as a favoured institution of the Labour government during the New Labour years from 1997 to 2010. It was academic partner for a number of flagship Government schemes including the National Academy for Gifted and Talented Youth and the NHS University which is now defunct. Tony Blair described Warwick as "a beacon among British universities for its dynamism, quality and entrepreneurial zeal". In a 2012 study by Virgin Media Business, Warwick was described as the most "digitally-savvy" UK university.
In February 2001, IBM donated a new S/390 computer and software worth £2 million to Warwick, to form …