From: InfoSec News (alertsinfosecnews.org)
Date: Mon May 18 2009 - 00:42:49 CDT

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http://www.boston.com/business/technology/articles/2009/05/16/software_upgrade_company_wins_100k_contest_at_mit/

By Hiawatha Bray
Boston Globe Staff
May 16, 2009

When home computer users have to reboot their machines to install a
software upgrade, it's a nuisance. When a big company must do the same
for hundreds of computers, it can cost a small fortune.

On Wednesday, a group of Massachusetts Institute of Technology graduates
won a small fortune - $100,000 - for developing a way to upgrade
software while the computer keeps running. Their new company, Ksplice,
took top prize in the 20th annual MIT $100K Entrepreneurship
Competition.

Rodney Brooks, former director of the MIT Artificial Intelligence
Laboratory and keynote speaker at the awards ceremony, said the yearly
competition helps inspire students to turn their bright ideas into
profitable products. "My students and students all around campus are
abuzz about this," said Brooks. "It really gets them thinking about what
it takes to create a company."

Brooks used his expertise in robotics to help launch iRobot Corp., the
successful military and consumer robot company in Bedford. Last year, he
resigned as iRobot's chief technology officer to begin a new start-up,
Heartland Robotics, which will build industrial robots.

[...]

--
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