November 15, 2000
Applied Epi and Chairman Paul Colombo Give $1 Million Gift to Support Innovative Research
anta Barbara, Calif. -- Applied Epi, Inc. and its founder and chairman, Paul Colombo, have given the College of Engineering at the University of California at Santa Barbara (UCSB) $1 million to set up two technology funds and an endowment to enhance innovative research endeavors.
One of the funds will be named for Applied Epi, the St. Paul, Minn.-based manufacturer of Molecular Beam Epitaxy (MBE) products, and the other fund for Paul Colombo, who started Applied Epi, formerly EPI MBE Products Group, in 1986.
MBE is one of the key technologies for enabling the manufacture of the compound semiconductors so important for today's wireless and fiber-optic devices. Compound semiconductors deliver the speed, bandwidth, and flexibility these devices require. Applied Epi is the largest North American manufacturer of MBE equipment and one of the largest in the world.
UCSB Chancellor Henry Yang said, "This generous gift from Applied Epi and Paul Colombo represents an excellent match of interests. The compound semiconductor group at the College of Engineering is widely recognized as among the best in the world. Our superb researchers use MBE technology to make new optoelectronic materials and devices. They need MBE technology to do the research, and with this gift Applied Epi has devised a creative strategy to enhance that research."
The Dean of the College of Engineering, Matthew Tirrell, will issue a call to the faculty for proposals for using the research funds.
The authors of the best proposals will then present their ideas for consideration by a board consisting of representatives from the UCSB College of Engineering, Applied Epi and Colombo.
Tirrell said, "We are grateful to Paul Colombo and Applied Epi for this creative stimulus to compound semiconductor research at the College of Engineering. This gift will go far to ensuring that we maintain our world-class excellence."
Colombo said, "We have a long-term and excellent working relationship with UCSB's compound semiconductor researchers. We are impressed both by their vision and the cooperative style they have exhibited in interactions with Applied Epi. Both UCSB and Applied Epi mean to be at the forefront of compound semiconductor developments. The great thing about this gift is that it helps both of us reach that goal."
Media ContactTony Rairden