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Dr. Marsten, author of more than 30 papers on computational optimization in academic journals, has been a professor at Northwestern University, MIT, the University of Arizona, and the Georgia Institute of Technology before becoming an entrepreneur. In 1987, Dr. Marsten founded XMP Software, which was acquired by ILOG/CPLEX (ILOG was later acquired by IBM). The optimization libraries in ILOG/CPLEX are the most widely used of their kind and drive applications inside SAP, i2 Technologies – now JDA Software – and others.

He was the recipient of the Beale-Orchard-Hays Prize for Excellence in Computational Mathematics awarded by the Mathematical Programming Society. Dr. Marsten was co-founder of Idmon Corp. with Ms. Subramanian. Based on their work at Idmon, Dr. Marsten and Ms. Subramanian were finalists for the Franz Edelman Prize for Excellence in Management Science awarded by the Institute for Operations Research and Management Science.