A virtual world party yesterday celebrated the founding 25 years ago of Austek Microsystems, the Adelaide-based company that showed Intel how to design faster performance computer chips.
Concurrent parties in Adelaide, Sydney, Melbourne, Bristol in England and San Jose in Silicon Valley commemorated the extraordinary legacy of Austek, a CSIRO offshoot company founded by Professor Craig Mudge in 1984 at Technology Park Adelaide.
As well as pioneering cache computing for personal computers, Austek trained more than 70 specialist engineers who have gone on to establish and lead other innovative technology companies.
Technology entrepreneur Dr. Stephen Kirkby believes the purchase of search engine specialist Funnelback by content management company Squiz will create a globally competitive company.
Dr. Kirkby – who last year sold his web optimisation company Maxamine to global technology services firm Accenture – has played a central role in the development of Funnelback Pty Ltd since he was appointed chairman of the CSIRO spinoff company in February 2006.
Last Friday, CSIRO has announced the sale of Funnelback to Squiz. Funnelback was developed by CSIRO and the Australian National University, originally under the name of P@nopticTM.
The University of Adelaide has launched its 2009 eChallenge, an entrepreneurial business planning competition that offers $50,000 in prizes.
The eChallenge (Entrepreneurs' Challenge) is open to students from any discipline at any of South Australia’s Universities, TAFE and in the broader community. Teams of between two and six people, including at least one tertiary-enrolled student in South Australia, compete in the eChallenge to develop a business plan for a new, previously unfunded concept.