Home > News > State board approves $300M Sematech funding
March 1st, 2008
State board approves $300M Sematech funding
Abstract:
A state board unanimously approved $300 million on Friday for International Sematech's move to Albany, N.Y., the final step in the oversight process.
The five-member Public Authorities Control Board was the last group that needed to sign off on the grant, which the state Legislature approved in May 2007. The state's economic development arm also has approved the funding, which International Sematech will match.
International Sematech is a subsidiary of Sematech Inc., an Austin, Texas, consortium of computer microchip manufacturing companies. The company has had a research operation at the University at Albany since 2002, a partnership that received $160 million in state funds. It currently has about 250 employees on campus.
Now, International Sematech--which focuses on semiconductor manufacturing and research--will add an extra 450 jobs by moving its headquarters to the area, according to state officials.
Source:
sanantonio.bizjournals.com
Bookmark:
| Related News Press |
Jobs
Could quantum technology be New Mexico’s next economic boon? Quantum New Mexico Coalition aims to establish state as national hub April 1st, 2022
SEMI Partners with GLOBALFOUNDRIES to Offer Apprenticeship Program Aimed at Building the Electronics Talent Pipeline August 11th, 2020
Arrowhead Pharmaceuticals Reports Inducement Grants under NASDAQ Marketplace Rule 5635(c)(4) March 29th, 2019
Govt.-Legislation/Regulation/Funding/Policy
NRL charters Navy’s quantum inertial navigation path to reduce drift April 5th, 2024
Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024
Chemical reactions can scramble quantum information as well as black holes April 5th, 2024
Academic/Education
Rice University launches Rice Synthetic Biology Institute to improve lives January 12th, 2024
Multi-institution, $4.6 million NSF grant to fund nanotechnology training September 9th, 2022
Chip Technology
Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024
Utilizing palladium for addressing contact issues of buried oxide thin film transistors April 5th, 2024
HKUST researchers develop new integration technique for efficient coupling of III-V and silicon February 16th, 2024
Announcements
NRL charters Navy’s quantum inertial navigation path to reduce drift April 5th, 2024
Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024
 |
||
 |
||
| The latest news from around the world, FREE | ||
 |
||
|
|
||
| Premium Products | ||
 |
||
|
Only the news you want to read!
Learn More |
||
 |
||
|
Full-service, expert consulting
Learn More |
||
|
|
||