IP: A Silicon Valley Laboratory Shuts Down

[David Farber <farber () cis upenn edu>]

April 22, 2000

A Silicon Valley Laboratory Shuts Down

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Research Effort Tried to Shape Technology Still Years Away


By JOHN MARKOFF

ALO ALTO, Calif., April 21 -- An ambitious Silicon Valley effort to 
create computer industry breakthroughs ended in failure today when 
the Web site of the Interval Research Corporation was replaced with a 
stark press release stating that its co-founder, Paul G. Allen, had 
closed the advanced computer laboratory after eight years.

The laboratory told 30 of its 50 remaining employees that they
would be offered positions at a smaller for-profit advanced broadband 
development group that will be established by Vulcan Ventures, Mr. 
Allen's investment group.

<snip>

http://www.nytimes.com/library/tech/00/04/biztech/articles/22lab.html