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Bloomington Firm Expects to Add 300 High-Tech Jobs

November 11, 2010 By Graeme Thickins

Twin Cities Business (TCB) magazine reported today that Polar Semiconductor Inc. (PSI) is planning to build a new facility, adding to its existing 200,000-square-foot facility in Bloomington, just East of the Mall of America on Old Shakopee Road.  It cited documents recently filed with the City of Bloomington’s planning division.  But the biggest news is it the firm expects the expansion will add 300 jobs eventually when the facility is completed.

Bet you didn’t know that we had a big-time semiconductor fab practically in the shadow of MOA, did you now? And it’s been there for more than 25 years, actually, under previous ownership. (More on that below.)

The current 200,000-square-foot facility at 2800 East Old Shakopee Road includes 62,000 square feet of cleanroom space. where the company performs semiconductor wafer fabrication.  Chips cut from these wafers are used in a variety of electronic devices.

TCB reported that company officials are not yet disclosing information about the expansion. Quoting from the story: “Sources close to the deal said the initial phase of construction will likely result in the addition of about 80 new employees, and when completed, ‘the addition will have generated need for about 300 additional employees’.”  No target date was stated for the expected completion of the new facility.

A report by the City of Bloomington’s planning and economic development division, said TCB, indicates the company hopes to expand on its existing property by adding 98,000 square feet. The building would occupy space north of the existing facility. (Shown above in an aerial photo.)

TCB said the planning division voted unanimously in favor of the expansion, and the City Council will vote Monday to make the final decision. “I have no reason to believe they won’t approve, but of course, can’t know for certain,” a representative of the planning division told TCB.  She said PSI plans to begin construction in early 2011, and once the “shell” of the addition is complete, it will likely finish the interior through additional construction phases….  [Read More…]

Filed Under: Emerging MN Companies, Newsbytes Tagged With: Minnesota

LiveBlog: “MN Venture & Finance Conference” – 10/14/2010

October 13, 2010 By Graeme Thickins

The Minnesota Venture & Finance Conference, co-hosted by the Minnesota Venture Capital Association and The Collaborative, is being held at the Minneapolis Convention Center on Thursday, October 14.  I’ll be in attendance all day live-blogging the event, right here, starting at 7:45 am when the program begins.  For the latest official agenda, click here.  Initially, I’m going to allow all tweets that contain the event’s hashtag (#mnconf) to appear in the live-blog.  If the volume of those tweets gets to be too much, I may shut off that feature, or choose to allow only certain tweets to appear. It will be a full day of speakers, panels, and startup pitches!

Filed Under: Events, Minnov8 Liveblogging Tagged With: angels, Minnesota

In Its 24th Year, Venture Conference Asks If Minnesota Has ‘Lost It’

October 10, 2010 By Graeme Thickins

We’ll find out Thursday, because I’ll be there to live-blog it all: the proceedings of the annual Minnesota Venture & Finance Conference at the Minneapolis Convention Center, co-hosted as always by the Minnesota Venture Capital Association and The Collaborative. The blue-suit crowd will turn out once more to hash over where, oh, where is venture investing going in our state, and whether Minnesota is holding its own or falling behind in relation to other states.

This is great sport, people!  We can’t beat Wisconsin in college football for seven years straight, but, oh yeah, we got those cheeseheads when it comes to the game of innovation!  Or do we?  (And, Gopher fans, I won’t even bring up South Dakota.  Shees.)

“Innovation?  Jobs?  Has Minnesota lost it?  Not for one day in October we haven’t,” says The Collaborative in one of its promos.  “2010 marks our second full year of the worldwide recessionary malaise.  Our state’s economy is also not what anyone is calling ‘robust’.  Our unemployment rate is higher than it’s been in decades.  On the plus side, we’re still one of the brightest economies in the nation,” the pitch goes on to say.

“The positive gap between our jobless rate as compared to the nation is at its highest in 30 years… Yet we also hear many reports of our state losing its way in innovation.”

Can you sense the drama, people?  I’m nervously doing finger and hand exercises right now, in great anticipation of the nuances I may be able to capture on my Macbook or iPad (decisions, decisions) as I contemplate the live-blogging nirvana that awaits me Thursday.  It has me breathing heavy.

“Last year, in the throes of the recession, 54 companies gave presentations, 400+ investors and entrepreneurs came, shared, and discussed growth in tough times,” said Dan Carr, CEO of The Collaborative, in his announcement of this year’s event.  “It actually felt optimistic! These companies also go on to create jobs.  Lots of them.  Minnesota is 8th in the nation in venture backed employment: 365,000 jobs.”  (No word on how many of those people may have been laid off in recent times because those ventures couldn’t raise enough money.)

Carr continues:  “This year’s ‘homecoming’ promises another day-long celebration of ‘doing’ more than ‘hand wringing’.  It’s true that some of our greatest companies rise from difficult times.  Our annual conference has a knack for bringing together Minnesota’s best ‘Up & Comers’.”

…  [Read More…]

Filed Under: Emerging MN Companies, Events, Tech Investors Tagged With: funding, Minnesota

W3i Lights Up the ‘Net with Its Latest App News

June 29, 2010 By Graeme Thickins

Okay, so there’s this company named Apple that I hear makes phones.  And people tell me there’s been, uh, a bit of news lately about some new phone of theirs?  Well, that media firestorm didn’t stop Minnesota’s W3i LLC from deciding to jump in with some news of its own, which is actually related to the exploding ecosystem around Apple mobile devices.  That would be apps.

St. Cloud-based W3i is in the app distribution business — in a big, profitable way (33 successive quarters thereof).  But till now that business has been all about desktop apps, and Windows only. Well, mark down yesterday as the day they entered the world of mobile, with this bombshell: W3i Launches New Incented Mobile App Distribution Service for iOS App Developers.  A separate version of the release, for consumers, gets more to the benefit: Consumers Can Now Earn Rewards for Installing Apps.  Those rewards, my friends, would be cash — for consumers who register at a W3i site called Apperang.com.

Naturally, app fanboys and girls everywhere loved the news — after reading about it on some of the sites they frequent the most.  TechCrunch (MobileCrunch) ran this story: Apperang Pays You Cash to Download iPhone Apps… Ka-Ching! And VentureBeat (MobileBeat) ran concurrently — amazing how that happens — with their take: Get paid to install apps with W3i Mobile Solutions and Apperang.  Numerous other sites and blogs picked up on it immediately, and Twitter was going crazy on it (just search on hashtags #apperang and #w3i).  [Oh, sure, there was a story in the StarTrib last week, too, but that didn’t light up much of anything… <rimshot>]

I asked the CEO of a local app development company for his reaction to this W3i news, from a business perspective:  “The model and integration W3i has developed for desktop distribution has been a huge success in the past, so I wouldn’t bet against them on making their mobile version a success,” said Wade Beavers, CEO of DoApp Inc. “For developers wanting to get a core base of users fast, it makes sense to use this service. The key will be how long those users keep your app, because that’s where the return on investment is.”

I also asked one of Minnesota’s most experienced iPhone app developers for his reaction: “Will app publishers readily jump to use this type of service? Small developers, maybe,” said Bill Heyman of CodeMorphic. “But small developers may not have budget to support this type of promotion… Will it be enough to hit the tipping point for more organic sales because of a higher App Store ranking? Well, ultimately, it would depend on how much a company wants to spend to buy a ranking.”

But, actually, W3i signed on some pretty successful big developers for its private beta before the announcement yesterday (the service is now in public beta).  That list of launch advertisers — just those that let W3i use their names for PR purposes — includes these firms, with the name of their app in parentheses: Big Stack Studios (Sigma), Inert Soap (FingerZilla), Booyah (MyTown), Gist (Gist), Thinking Ape (Kingdoms at War), Flixster (Movies), Slacker Inc (Slacker Radio), xCube Labs (My Health Records – Health n Family), and infinidycorp (Zombies vs. Aliens).

I’m sure we’ll be hearing about a lot more, as W3i tells me they are crazy-busy now following up with other app companies who are inquiring.

(Disclosure: the author has had a consulting relationship with W3i for providing PR services.)

Filed Under: Mobile Technology, New Tech from MN Companies Tagged With: Apple, iOS, iPad, iPhone, Minnesota, mobile, NativeX

Newsbytes for Tuesday, May 4, 2010

May 4, 2010 By Steve Borsch

Newsbytes graphicNewsbytes is a collection of links to articles and posts from around the ‘net of interest to Minnov8 readers:

  • Apple sells 1 million iPads in 28 days. Took iPhone 74 days. Plus, Minnesota-based analyst Gene Munster of Piper Jaffray estimated that Apple sold about 300,000 units over the weekend, similar to the 300,000 Apple sold the first day of sales April 3. He said the 3G unit was sold out in 49 of 50 stores he checked, suggesting that long term, 3G units will make up about 40 percent of all sales while Wi-Fi units will make up the remaining 60 percent. In related news, is the iPhone code ban facing antitrust inquiry? and Apple Policy Said to Prompt U.S. Allegation by Adobe
  • HTC’s Incredible Android Smartphone Hits the Market
  • Twitter Launches Embeddable Tweets and PCMag’s Lance Unaloff thinks Twitter is the new CNN
  • Governor Pawlenty says Minnesota needs to be more competitive. Healthy state economies will play a critical role in future job creation, but Minnesota does not rank among the nation’s top 10 “growth performers,” according to a U.S. Chamber of Commerce study rolled out Monday by Gov. Tim Pawlenty.
  • KeyOn Announces Acquisition of Network Assets in Iowa and Minnesota. KeyOn is one of the largest providers of wireless broadband, satellite and voice over Internet protocol (VoIP) services in the United States, primarily targeting underserved markets with populations generally less than 50,000. (Good thing for rural Minnesota?)
  • Google Acquires 3D desktop company Bump Technologies
  • Microsoft’s IE Sinks While Google Chrome’s Market Share Triples
  • Seven things you need to stop doing on Facebook and tech pundit Leo Laporte mentioned on TWiG 39 that he’s going to delete his Facebook profile over the incomprehensible social graph moves — and Leo’s inability to understand their impact on privacy settings (which he explains as, “If I can’t understand them…how can the average person!“) — made by Facebook at F8, their developer conference.
  • Bill Gates says that Microsoft has some tablet projects in the works.

Filed Under: Newsbytes Tagged With: Android, Google, iPad, Microsoft, Minnesota

Minnesota Startup Community: The Time Has Come For Less Talk and More Walk

January 22, 2010 By Paul DeBettignies

“I wonder what the conversations will be like a year from now.” This is a paraphrase of a statement Doug Pollei made at the recent MinneBar hosted by Best Buy, which he said to me at the end of a startup session led by Luke Francl.

I heard some folks say how they look forward to a year from now to look back and see what has been accomplished within our startup community. I did not take the comment that way.

Most days and in most ways I am an optimist — my glass is half full and usually running over. Want proof? I have been attending Gopher football games for 28 years. (Or, hmm…maybe that makes me something other than an optimist?)

During this particular session at MinneBar there were many thoughts on what could be done to support, make better, and grow our startup community.

I hate to be one the one to rain on the parade, but almost all of those things were suggested in May of 2008 at the last MinneBar, and very few if any have been acted upon, nor have any noticeable results been achieved.

Hence the title of this post: we need to stop talking and start walking.

(EDITOR’S NOTE: We welcome guest blogger Paul DeBettignies for this post.  Please tweet your questions to @Minnov8 now so we can answer them on our Minnov8 Gang podcast tomorrow,  on which Paul will be our guest.  Please add the hashtag #MNwalkthetalk.)…  [Read More…]

Filed Under: Emerging MN Companies, MN Entrepreneurs Tagged With: Minnesota

Honeywell Backup System Is Said to Have Saved USAir Flight 1549

January 26, 2009 By Graeme Thickins

honeywell-logoAn auxiliary power system designed and produced by a company with a long history in Minnesota appears to have played a role in the miraculous landing of USAir Flight 1529 on the Hudson River on January 15.

I was alerted to this news by a colleague at one of the local Honeywell facilities (in Golden Valley): Rich Hoeg, who’s manager of web collaboration and knowledge sharing. (Honeywell was founded in Minnesota and based here for most of its life, but corporate offices were moved to New Jersey when it merged with Allied Signal in 1999. The company still employs thousands here in Minnesota.)

usair-planeonriverThe first known photo of the downed plane, taken with an iPhone — with a dirty lens! — as
the first ferry came alongside.  It was shot minutes after the A320 touched down on the river.
(Photo by Janis Krums)

…  [Read More…]

Filed Under: News & Events Tagged With: Minnesota

MN’s Own CodeWeavers Releases ‘CrossOver’ Version of Chrome Browser for Mac and Linux

September 16, 2008 By Graeme Thickins

Talk about a brilliant move to get some attention. St. Paul-MN based CodeWeavers has extended the Google Chromium browser launch beyond Windows by announcing the release of “CrossOver Chromium” for Mac and Linux, available immediately as a free download.   Here’s the press release. (Note: To date, Google has only made the new browser available in a Windows beta version, which was announced on September 2, 2008.)

CodeWeavers says it is offering its version as a proof-of-concept “so Mac and Linux users can try firsthand the power and flexibility of the new Chromium open source browser.”  CrossOver Chromium also showcases the power of Wine, which allows CodeWeavers to rapidly migrate technology from Windows to alternate platforms. (Here’s more about The Wine Project.)

“We did this to prove a point,” said Jeremy White, CodeWeavers CEO, in the press release. “The message is very simply this: if you are a Windows software vendor, and you want to get your product into new markets, you should pay attention to Wine. Wine is a very powerful tool for bringing your product to new audiences in the Mac and Linux spaces. And in many cases Wine is faster and more economical than doing a native port.”

You have to love White’s latest blog post, Fire Drills and Proving a Point, which tells the story of how they pulled off their Chrome version.  An excerpt: “So in a CodeWeavers management meeting one day, we were looking for a way to show off Wine’s new maturity, particularly for porting applications.  What we needed was a freely redistributable application; one that didn’t exist on Mac or Linux, but one that was readily understandable….And then a little bird flew in the Window and chirped ‘Chromium’, and we knew we had it.”

CodeWeavers is no upstart. Founded in 1996, it brings expanded market opportunities for Windows software developers by making it easier, faster, and more painless to port Windows software to Linux. The firm is recognized as a leader in open-source Windows porting technology, and maintains development offices in Minnesota, the UK, and elsewhere around the world.

This announcement is just another example of the creativity and expertise in Minnesota’s developer community. Congratulations to CodeWeavers! I can hardy wait to hear how hard their site will get hit today with Mac and Linux users all trying to download the browser at the same time. Glad I got in early and got mine!  It will also be interesting to watch for Google’s reaction. I gathered that a Mac version was still quite a ways off, and here CodeWeavers does it in a week…   🙂

Filed Under: News & Events Tagged With: Google, Minnesota

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