Canandaigua's Infotonics Center Announces Merger
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The chair of Empire State Development announced Monday that the Infotonics Technology Center (ITC) in Canandaigua and the Center of Excellence in Nanoelectronics and Nanotechnology at the College of Nanoscale Science and Engineering (CNSE) in Albany are merging.
The goal, Empire State Development Chairman & CEO Dennis M. Mullen said, is to create new business opportunities and position New York as a global center for integrated systems.
"This will create capitol investment. This will create jobs," said Mullen.
The center in Canandaigua will now be called the Smart System Technology & Commercialization Center.
Mullen said the merger will position the centers as a “one-stop-shop” for smart systems’ device development and process manufacturing.
ITC CEO Paul Tolley said the merger will allow the centers to share resources and
develop a common platform that is simpler and more cost effective for smart devices to reach their full market potential.
Tolley and Mullen believe the merger will have a positive impact on the state's economy.
"A smart device platform is in defense, it's in optics and photonics for communications, it's in biomedical applications, consumer electronics. We'll definitely continue to advance those technologies and take them to a point of commercialization and manufacturing," said Tolley.
Mullen said the merger will create 200 jobs in Canandaigua within a year. Empire State Development