The two firms announced the agreement Tuesday at SEMICON West in San Francisco. The nonprofit research collaborative and TEL will develop tool and process technology needed to further enable collaborative approaches for development-to-commercialization of technologies and applications that accelerate commercialization of emerging technologies.
“For us, it’s big news because TEL is such a major player in the industry,” BRIDG spokeswoman Gloria LeQuang told GrowthSpotter. TEL is a platinum sponsor at SEMICON West, the nation’s largest semiconductor trade show. “Their logo is plastered everywhere."
She said the firm already has three employees assigned to BRIDG, and expects that number to grow over time, noting that TEL was among the first private companies to locate offices in Austin, Texas and in Albany, New York after those communities invested in advanced manufacturing facilities.
Semiconductors are a key component to smartphones, TVs, tablets, cars, aircraft, and industrial machines -- and virtually every chip that has ever gone into a smart device was developed using TEL tool.
The Florida team will be working with BRIDG researchers in fields that will accelerate the development of cutting edge, high performance devices with artificial intelligence and 5G capabilities.
“TEL is excited to partner with BRIDG as we develop leading edge tool, process, and integration technology for our customers," said Tony Tsutsumi, TEL’s senior vice president for corporate innovation.
BRIDG CEO Chester Kennedy said the partnership has been in the works for months. “TEL provides additional capabilities for our respective customers faster than we could have done so without the partnership," he said in a release. "It was critical to both parties that we structure the agreement so that it also adds value for our customers and stakeholders, and I’m excited that this partnership will be a win-win collaboration.”