Pulling up stakes. (Technology).

Randy Levine and ZettaCore were in Los Angeles briefly, but it was long enough to develop what company officials hope will be the next step in computer memory: the molecular memory chip.

Soon after the 2-year-old business closed its first round of venture funding last month, Levine, its president and chief executive, moved the whole operation to Denver.

"We felt that Denver was a very good place to put a start up because of the talent pool there and the proximity to semiconductor manufacturers in Colorado Springs and Boulder' he said.

Molecular memory chips, a hybrid of regular semiconductor electronics and special molecules use less power and are cheaper to produce than standard silicon semiconductors. The technology could be applied to cell phones, computers, cameras, cell phones, personal digital assistants and automobiles.

ZettaCore licensed the technology from a team of chemists and semiconductor engineers from University of California, Riverside and North Carolina State University.