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Tech Valley News
Nano Deal Lands Economic Development Honor
Learn more at Project Involving ASML & IBM Recognized
Business Facilities announced its 13th Annual Business Facilities Economic Development Awards. Earning the silver medal in the $150 - $500 million category is a project between ASML Holding NV and IBM Corporation to create a $400 million nanochip research and development center at Tech Valley's Center of Excellence in Nanoelectronics.
The new International Multiphase Partnership for Lithography Science and Engineering (IMPLSE) is ASML’s first R&D center outside Europe and will bring together a network of more than 50 high-technology companies from across the state of New York.
The new center will bring together global technical expertise and state-of-the-art resources in nanoscale lithography to the 300mm wafer Albany NanoTech complex, home of the UAlbany Center of Excellence and the College for Nanotechnology. Lithography is the complex printing of circuit patterns on silicon wafers to create nanochips, and is universally recognized as the most important technology driver in the nanoelectronics industry.
"ASML is thankful to the commitments provided by Governor George E. Pataki and is very pleased for the opportunity to participate in the advanced 300mm R&D programs of the Albany Center of Excellence,” says Martin van den Brink, ASML’s executive vice president, Marketing and Technology. “As a global leader in the semiconductor lithography industry, ASML believes that it is critical to build R&D alliances in order to support and continuously improve our products and services as they are introduced into production facilities around the world. This partnership with New York State exemplifies our commitment to providing our customers with production-worthy, enabling technologies that meet the requirements of their technology and business roadmaps.”
The agreement between the state of New York, ASML, and IBM includes approximately $400 million in state and industry support over the next five years. The $75 million state investment will be primarily for capital construction, equipment and specialized tools for research.
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