February 19 2016
SAN JOSE, Calif., Feb. 3, 2016 /PRNewswire/— Xilinx, Inc. (NASDAQ: XLNX) today announced a new Data Center Ecosystem Investment Program to be administered through its corporate venture arm, Xilinx Technology Ventures. Investments made through this initiative will focus primarily on technologies that expand Xilinx’s data center products and offerings and ignite industry innovation, time to market advantage, and lower overall cost of ownership. The new program targets solutions for emerging workload applications such as machine learning, image and video processing, data analytics, storage data base acceleration, and network acceleration.
As part of this program, Xilinx recently completed its first data center ecosystem investment in TeraDeep, Inc., a company specializing in convolutional neural networks-based machine learning. TeraDeep is widely recognized for its state-of-the-art deep learning expertise and acceleration technology which runs on Xilinx® FPGAs. Through this investment, TeraDeep will continue to work closely with Xilinx to further optimize its solutions on Xilinx-based FPGA boards.
February 15 2016
WEST LAFAYETTE, Ind. – Purdue entrepreneurs have another funding avenue to help create and grow their startups through the Purdue Startup Fund, a $10 million resource to be jointly funded by Purdue alumni and the Purdue Research Foundation.
“Purdue is fortunate to have an abundance of alumni and friends who are successful business leaders and entrepreneurs. Many of these individuals are already actively involved with Purdue entrepreneurs by serving as mentors and advisers,” said Purdue University President Mitch Daniels. “While we already have several funding competitions and programs to help advance our startups, the Purdue Startup Fund presents an opportunity for our alumni to become even more engaged by financially supporting the translation of Purdue innovations to the public.”
February 11 2016
WEST LAFAYETTE, Ind. (WLFI) – A world first has been invented at Purdue University, and it’s a toy that will soon be hitting the market.
Purdue professor and inventor of Ziro, Karthik Ramani, created a hand-controlled robot that is a toy meant for children to help stimulate the minds of the up and coming generation.
“You buy toys to play and have fun; and as the kid grows, the robot can grow with it and you can build more complex things,” said Ramani.
The robot comes with four modules, a smart phone app and the controller which is a glove. The smartphone app has preloaded gestures in its system that show you how to control your creation.
“What it does is allows you to use your hands and animate the robot that you build,” explained Ramani. “Or if you build a widget you can control it like a puppet. Then I realized what we were going to do was help people build their own toys and we would supply them the brains, the controls and the machinery so they can make any toy they imagine.”
February 10 2016
WEST LAFAYETTE, Ind. - Purdue University has been selected as a partner with the Mandela Washington Fellowship for Young African Leaders to host 25 of Africa’s emerging entrepreneurs for an academic and leadership institute this summer.
Beginning in mid-June, Purdue will host the African business and entrepreneurship leaders for a six-week academic and leadership institute based in Discovery Park, the U.S. Department of State and the International Research and Exchanges Board (IREX) announced Wednesday (Feb. 10).
The Mandela Washington Fellowship - the flagship program of President Obama’s Young African Leaders Initiative launched in 2014 - empowers young African leaders through academic coursework, leadership training, mentoring, networking, professional opportunities and support for activities in their communities.
“During their time at Purdue, these bright and motivated entrepreneurs from Africa will learn, through academic coursework and networking, how to turn their knowledge into economic and social value that will enable them to change lives around the world and in their own communities,” said Suresh Garimella, Purdue executive vice president for research and partnerships.
February 10 2016
Purdue University is co-locating its innovation, entrepreneurship, commercialization and partnership program activities into the Burton D. Morgan Center building in Discovery Park in an ongoing effort to streamline access to these programs.
Purdue’s Office of Corporate and Global Partnerships will relocate to the Burton D. Morgan building. Dan Hirleman, chief corporate and global partnerships officer, sees this as a first move toward the long-term vision to position University resources for the future as Discovery Park continues to expand west into Purdue’s rising innovation district. Hirleman’s office is part of the Office of the Executive Vice President for Research and Partnerships.
In his current role as the University’s chief entrepreneurial officer, Dan Hasler will serve as the executive director of the Burton D. Morgan Center while retaining his role as president of the Purdue Research Foundation. By more closely integrating the center’s long-standing programs in entrepreneurship and innovation with the interests of corporate and global partners, researchers and companies can work alongside faculty and students, and with entrepreneurs, startups and investors.
February 10 2016
WEST LAFAYETTE, Ind. - Exchanging information for the many social media networks, emails and phone numbers can be quite a hassle, and having to look for people on each social network one-by-one gets tedious.
Recognizing this problem, a group of Purdue University students have developed Socio, a social media application that revolutionizes the way people connect by introducing the “digital handshake.”
Co-founders Yarkin Sakucoglu, the CEO and a sophomore in Purdue’s Polytechnic Institute who also is studying for a Purdue Certificate in Entrepreneurship, and Alihan Ozbayrak, a senior studying computer science and construction engineering and management, are the developers of the Socio app.
Socio links users’ information, including email, phone number and social media accounts such as Facebook, Instagram, Snapchat, LinkedIn and more into one Socio profile. When users want to share their information with each other (or a group of people), they can give a quick phone shake and all of their information is instantly swapped, providing both users give consent.
“You don’t have to copy and paste account information into each app one-by-one, or pass your phone to people asking them to type in their usernames or numbers. What normally takes two to three minutes now takes less than 10 seconds.” Ozbayrak said. “Whether connecting with just two people or 200, you just shake and connect.”
February 08 2016
WEST LAFAYETTE - Westfield-based AgReliant Genetics has launched the beta trial period for its “precision agriculture platform.” Advantage Acre, developed with West Lafayette-based Spensa Technologies, aims to bring together three foundational elements of farming: seed, soil and weather.
AgReliant, which is the third largest seed corn company in North America, says Advantage Acre will combine the company’s knowledge of its seed products with soil mapping technology from AgSoil Analytics and advanced weather forecasting from Weathertrends360. AgReliant says farmers will be able to use the digital technology to plan and implement their field strategy and maximize their yield potential.
“AgReliant Genetics has and will continue to focus on providing our customers with consistently competitive seed products,” said Bryan Brochin, AgReliant Genetics vice president of marketing and business development. “The Advantage Acre platform was designed to maximize the genetic potential of our seed and provide an innovative user-interface for our customers. The introduction of the system is the culmination of extensive effort from our team and the industry-leading collaborators who have provided their expertise related to precision technology, soil and weather.”
February 05 2016
WEST LAFAYETTE - A glove-controlled robotic toy developed with Purdue University technology that has gained national attention is on the cusp of hitting the market. Ziro is weeks away from commercialization and is being touted as a tool for learning that can hold the interest of boys and girls alike. The robotic tool kit debuted last year on Inside INdiana Business Television and was created by Purdue Professor of Mechanical Engineering Karthik Ramani. During an interview last week on Inside INdiana Business Television, Ramani told Reporter Kylie Veleta he wants mass production of Ziro to be in-state.
The product debuted last year under the name “HandiMate” and California-based ZeroUI Inc. has the exclusive licensing rights for the toy. Ramani says he says it can help spark interest in STEM fields among the next generation of innovators. He tells Inside INdiana Business Ziro could be set to hit shelves within weeks.
February 04 2016
WEST LAFAYETTE, Ind. (WLFI) — From their small office in West Lafayette, Prah Veluvolu and his co-workers may be onto something big. For these 20-something entrepreneurs, what began as an idea born during a computer science class has — several years later — blossomed into a full-time business.
“Before this summer, we were in just a few schools. Right now, we’re in 42 schools and growing like crazy,” said Veluvolu.
It’s called Mimir: an online classroom management platform for computer science teachers that manages the course, identifies problems, and even checks student work automatically for plagiarism. Meanwhile, students can use the program for interactive help and instant results on their assignments.
“With startups, it’s rare that you can identify something as a success story in the first couple of years. But they have all the early signs of being a success story,” said Mike Asem, director of collaborative relationships for the Purdue Foundry.
February 03 2016
WEST LAFAYETTE, Ind. – Nearly $15,000 will be invested into Purdue University student entrepreneurs who place in the top five teams of the eight-week startup competition The Boiler: Purdue Mini-Accelerator Competition, or the Boiler.
Applications for the Boiler are due by 11:59 p.m. Feb. 15 and the competition will begin on Feb. 22. All Purdue students are eligible to compete, as well as graduates of up to two years. Applications can be found at www.bit.ly/boiler-application.
The Boiler is a seed accelerator competition hosted by the Anvil, a student operated business incubator at Purdue. The competition started in 2013 and aims to enable students to pursue entrepreneurship activities outside of the classroom.
The five teams accepted through the initial pitch round each receive $500 upon acceptance. The three teams that move on to the second phase receive $1,000 each, and on Demo Day first-, second- and third-place teams will receive $5,000, $3,000 and $1,000, respectively.