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January 23rd, 2008
A Texas venture capital firm owned by the Hunt brothers of Texas oil country this week invested $6 million in a fast-growing Shoreview company headed by a retired University of Minnesota scientist.
MSP Corp., founded by university researchers Benjamin Liu and Virgil Marple in 1988, makes test equipment for the drug-inhaler and semiconductor industries. The 45-person firm, which is profitable on about $15 million in sales (which have doubled over the past three years) is known for its expertise in the use of micro/nano particles and its creative approaches to complex measurement and technical problems.
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