The University at Albany's College of Nanoscale Science and Engineering has forged a partnership with the Infotonics Technology Center in Canandaigua, one of New York state's Centers of Excellence. The merger into NanoCollege's Center of Excellence in Nanoelectronics and Nanotechnology will be called the Smart System Technology & Commercialization Center. The NanoCollege will manage it and provide support.
"Through the deployment of new technologies into real products and manufacturing processes, this merger will drive economic development, thus creating value and new markets for private sector companies." said Empire State Development Chairman & CEO Dennis M. Mullen. "These Center of Excellence facilities will help companies all over the world and the U.S. Government reduce the time and cost associated with bringing smart system/device solutions to the market."
The new entity is in line to get $10 million in state funding, as well as an additional $40 million in private-sector funding. It will work to commercialize smart system technologies that combine sensors and other mechanical devices with computer chips to power smart phones and other devices like the Wii video game controller.
Full story from Albany Times-Union
Merger positions NY as leader in high technology (Rochester Democrat and Chronicle editorial)
Press release from Empire State Development (PDF)