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Albany NanoTech, IBM, Applied in $300 million chip research pact

Posted: 28 Sep 2005 ?? ?Print Version ?Bookmark and Share

Keywords:applied materials? computer nanochips? communications? intelligent sensors? semiconductor?

Albany NanoTech, IBM, and Applied Materials have teamed on a partnership that will make more than $300 million available for research, development and economic outreach at the State University of New York's Albany NanoTech site and add over 80 research jobs.

Under the partnership, announced Monday (Sept. 26) at the Albany Symposium on the Global Business of Semiconductors and Nanotechnology in Bolton Landing, N.Y., the three organizations will make the funding available over the next five years for the study and development of future generations of computer nanochips. Possible applications include ultra-fast communications, intelligent sensors, and three-dimensional holography.

No federal or state monies are involved.

Both IBM and Applied Materials have a presence at Albany NanoTech, which continues to gain momentum as a northeastern U.S. center for semiconductor research.

In July, Albany NanoTech announced formation of a lithography consortium officials said could attract $600 million in public and private funding over the next 7 years.

IBM reportedly said it would also add an unspecified number of jobs as the result of Monday's announcement, with IBM vice president John Kelly III saying researchers will work out of a new building to be constructed at the Albany NanoTech site.

Applied Materials' senior vice president and technology officer Mark Pinto was quoted as saying his company's entry into the new partnership will lead to the development of "more powerful, more portable and more affordable chips."

Although one online report said 20 researchers from Applied would be added through the partnership, a company spokesman told EE Times it has not yet been determined how many Applied staffers would be brought to the Albany NanoTech site.

- Spencer Chin

EE Times

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