Ambiq Micro, an Ann Arbor, MI, startup developing low-power microcontrollers for smart credit cards and ultralong-life sensors for homes and buildings, is moving out of its lab space at the University of Michigan to new offices in Austin, TX.
The decision, first reported by AnnArbor.com, comes just a few days after Ambiq Micro announced it attracted $2.4 million in seed funding from investors led by DFJ Mercury, based in Houston.
Ambiq Micro CEO Scott Hanson told AnnArbor.com that DFJ Mercury did not pressure the company to move to Texas, but the decision was based on “where the highest concentration of talent is for our business.”
Author: Howard Lovy
Howard Lovy is a veteran journalist who has focused primarily on technology, science and innovation during the past decade.
In 2001, he helped launch Small Times Magazine, a nanotech publication based in Ann Arbor, MI, where he built the freelance team and worked closely with writers to set the tone and style for an emerging sector that had never before been covered from a business perspective. Lovy's work at Small Times, and on one of the first nanotechnology-themed blogs, helped him earn a reputation for making complex subjects understandable, interesting, and even entertaining for a broad audience. It also earned him the 2004 Prize in Communication from the Foresight Institute, a nanotech think tank.
In his freelance work, Lovy covers nanotechnology in addition to technological innovation in Michigan with an emphasis on efforts to survive and retool in the state's post-automotive age. Lovy's work has appeared in many publications, including Wired News, Salon.com, the Wall Street Journal, The Detroit News, The Scientist, the Forbes/Wolfe Nanotech Report, Michigan Messenger, and the Ann Arbor Chronicle.
View all posts by Howard Lovy