The University at Albany's College of Nanoscale Science and Engineering (CNSE) this week held a ribbon-cutting ceremony to market the official opening of a $150 million expansion of its Albany NanoTech Complex that the University says will support more than $1 billion in new investments and 600 new high-tech jobs by 2013.

"Two new buildings at the College of Nanoscale Science and Engineering at SUNY Albany add more than 350,000 square feet for offices, labs and classrooms to the Albany NanoTech Complex, for a total of 800,000-plus square feet of space and four buildings," writes the Poughkeepsie Journal's Cara Matthews. "IBM Corp., one of the companies that works with Albany NanoTech, announced it would extend its research and development partnership with the school through 2013. By that time, the corporation will have invested more than $1 billion there."

"IBM has taken full advantage of its CNSE alliance," notes Electronic News' Suzanne Deffree. "In February, IBM said it had jointly developed process modeling technology for manufacturing 22-nm logic and memory chips with CNSE and Applied Materials. IBM in August 2008 claimed that it and its partners including CNSE had developed the world's first working 22-nm SRAM. And in April 2008, IBM boasted positive early results for a gate-stack advance that it and its partners said provided significant improvements in performance and power consumption at the 32-nm technology node through the CNSE."

More here from Photonics.com ... more here from EE Times ... and the press release is here.