Short answers, pulled from the story.
The Microelectronics and Computer Technology Corporation emerged as the first large-scale computer industry research consortium established within the United States. It formed in 1982 to counter Japan's Fifth Generation Project and protect American dominance in high-end computing markets.
Austin, Texas became the official headquarters site for the Microelectronics and Computer Technology Corporation during 1983. The University of Texas provided land for a dedicated building on their campus after the group considered Atlanta, Georgia and Stanford University.
Admiral Bobby Ray Inman led the newly formed organization with his background as Director of the National Security Agency. His previous role as Deputy Director of the Central Intelligence Agency brought significant security expertise to the project.
The MCC Board of Directors voted to dissolve operations in June 2000 after nearly two decades of activity. Formal dissolution papers were not filed until 2004 according to available records.
Fourteen companies spun out of the consortium to commercialize technologies originally developed within the organization. TeraVicta Technologies became Austin's first MEMS company while Portelligent provided reverse engineering teardown services that later became standard industry practice.