DIKU was created in 1970, as an offshot of the Institute for Mathematical Sciences.
DIKU is currently located at Universitetsparken 1 in Copenhagen, but there are plans to move the institute to Ørestaden. The date for the move has not yet been decided, and the new buildings have not yet been built. Estimates range from 2006 to 2013.
An important social event is the DIKU revue, which is held each year in June. The DIKU revue is always in competition with the physics revue, and never misses an opportunity to computer-animate the complete and utter destruction of the physics institute.
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