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Thursday, October 18, 2012

Mike Lazaridis puts in $100M to open Mike & Ophelia Lazaridis Quantum-Nano Centre

Mike L

We haven't heard too much from Mike Lazaridis since he left RIM back in January, but tomorrow he'll put another mark on his career. Lazaridis has put $100 million towards the Mike & Ophelia Lazaridis Quantum-Nano Centre which is set to open in Waterloo tomorrow. The center is designed for science and technology research and development of "things approaching the size of an atom" and, according to Lazaridis, It's "absolutely" going to be the Bell Labs of the 21st century. Mike and his wife also donated a large sum to the University of Waterloo to expand their science and math departments.

"It's getting more and more difficult to make smaller devices as we approach the size of an atom, but it's also getting more expensive to build those devices," he said. "You know you're at the limit when those two things happen. The only way we can break through those barriers is quantum computing." 

Lazaridis is still a RIM board member, but will now be able to get back to his roots with his involvement in the new Nano Center. 

Source: Businessweek 


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