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New York injects $92.5M in R&D chip venture

Posted: 21 Jul 2009 ?? ?Print Version ?Bookmark and Share

Keywords:R&D? nanotechnology? chip?

New York R&D operation Marcy NanoCenter has scored a major R&D chip venture.

The project is funded with $92.5 million in capital funds from New York state's budget, as well as a combined capital investment of $133.5 million from IBM, Sematech and Intel.

Marcy NanoCenter is a greenfield manufacturing site located on the campus of the State University of New York Institute of Technology. The new investment by New York state will focus on three areas:

??A business incubator/technology accelerator at SUNYIT, the state university campus on which the Marcy NanoCenter is located. This joint partnership will support the attraction and retention of small and medium size nanotechnology companies in the Utica-Rome area.

??Establishment of the CCIC, a new venture at the Albany NanoCollege focusing on R&D of SoC technologies.

??The new CCIC at SUNYIT at SUNYIT, focused on the assembly and integration of SoC systems developed at CCIC. The commercialization center will include a cleanroom.

- Mark LaPedus
EE Times

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