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Mobius will use $10.2M grant to expand Detroit office.
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- Author(s): Henderson, Tom
- Source:
Crain's Detroit Business. 12/3/2007, Vol. 23 Issue 49, p2-2. 1/9p.
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- Additional Information
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- Abstract:
The article reports that Mobius Microsystems Inc., a University of Michigan spin-off, would be using $10.2m grant to expand Detroit design center in Michigan. Michael McCorquodale, chief technology officer and founder of Mobius, stated that the money would further be used to bring Mobius' timing devices for regulating internal computer processes to market in 2008. McCorquodale stated that he has already made offers to some electrical engineers and hopes to add five in the next six months.
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