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Article: Northwestern University Launches IT Development Laboratory; Motorola, NU Design Funding Model for Commercialization.
- Article from:
- Ascribe Higher Education News Service
- Article date:
- October 26, 2001
CopyrightCOPYRIGHT 2001 AScribe. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Northwestern University
EVANSTON, Ill., Oct. 26 (AScribe News) -- Northwestern University is announcing the launch of the school's new Information Technology Development Laboratory (DevLab). Motorola, Inc. (NYSE: MOT), a founding member of the DevLab, will provide funding to entrepreneurial businesses sponsored by the DevLab. The DevLab's mission is to turn promising University research prototypes into complete and robust products, utilizing Motorola expertise to support the development and deployment of software technologies for commercial use. Motorola Ventures, the strategic venture capital investment arm of Motorola will provide investment funding.
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