SAN JOSE, Calif. - Empire State Development (ESD) and the New York State Foundation for Science, Technology and Innovation (NYSTAR) have announced the merger of two of New York State’s nanotechnology centers.
The Infotonics Technology Center (ITC) in Canandaigua and the Center of Excellence in Nanoelectronics and Nanotechnology at the College of Nanoscale Science and Engineering (CNSE) in Albany, N.Y. have merged.
ESD and NYSTAR will invest up to $10 million to the merged operation-dubbed the Smart System Technology & Commercialization Center (STC)-which will be managed and supported by CNSE.
This merger will position CNSE as a “one-stop-shop” for smart systems’ device development and process manufacturing. The CNSE includes the Albany NanoTech Complex. It houses a 300-mm chip pilot prototyping and demonstration line.
The ITC is a technology commercialization center that assists firms transition new technologies from concept to manufacturing. ITC maintains a 140,000 square-foot facility with over 25,000 square feet of cleanrooms for micro electromechanical systems (MEMS) fabrication and packaging.
It includes industrial participants such as Corning Inc., Eastman Kodak Co., and Xerox Corp. Academic participants include approximately twenty New York State colleges and universities, including the Rochester Institute of Technology and the University of Rochester. NYSTAR is a public benefit corporation. ESD is New York’s chief economic development agency.
This is not totally accurate, the former CEO was Dave Smith. The new CEO has significantly turned the center around by driving private industry investment and work into the center. The merger, based on the press releases does seem to be a logical step for NY. Yes a lot of tax money was invested and this would seem the best option to leverage it to create further job growth.
I wonder what the back-story is on this happy face merger announcement. ITC shows up in a March, 2008 story where former CEO Sam Casella notes that "As far as I'm concerned there are no fears" [of losing funding if then Governor Spitzer resigns]. In June, 2008 Casella is ousted and in that story former CEO Duncan Moore is quoted as noting that "The state and federal government have poured a tremendous amount of money into this [ITC]." Is the merger meaningful or just a way to tidy up a a messy cash sinkhole of public funds?
January 2016 Cartoon Caption ContestBob's punishment for missing his deadline was to be tied to his chair tantalizingly close to a disconnected cable, with one hand superglued to his desk and another to his chin, while the pages from his wall calendar were slowly torn away.122 comments