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Home > News > Shoreview firm gets $6 million capital infusion

January 23rd, 2008

Shoreview firm gets $6 million capital infusion

Abstract:
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.

Source:
startribune.com

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