LiU spinoff sold for SEK 240 Million
Coresonic was founded by four Linköping University (LiU) researchers and is set to become a wholly owned subsidiary of Taiwanese firm MediaTek.
Nilsson, Liu and Tell are still actively involved the company, while Svensson has retired.
Investment company, Industrifonden, invested in the company in 2007, which made it possible to commercialise their research results. In 2010 SEB Venture Capital became a company member. The venture capital companies have now sold Coresonic to Gaintech Co, a wholly owned subsidiary of Taiwanese semiconductor company MediaTek, for USD 35 million, the equivalent of SEK 240 million.
For the past year MediaTek has licensed Coresonic’s architecture for use in baseband applications for wireless communication. They are now taking over ownership but maintain that the technology will still be developed in Linköping.
“The sale presents major advantages for both parties. Now we have the opportunity to increase our pace and introduce new wireless products via MediaTek’s global network,” said Coresonic CEO Johan Lodenius in a press release.
Graduates of the international master’s programmes at LiU said goodbye to their teachers, classmates and their time as students at the Farewell Ceremony on 11 June.
Exploring Kåkenhus Building among the water channels of the basement, a new boule pitch and the locked-up tower on the roof.
Sunday dress rehearsal: 180 people in Kårallen. With his farewell concert Fine on 10 May, Director Musices Hans Lundgren took his last bow after 35 years at LiU.
IDay took place on 25 April at Linköping University. International students showed everyone the beauties of their countries and celebrated cultural diversity.
Easter traditions differ from country to country. All have their own way of celebrating. An exclusive Swedish tradition is birch twigs decorated with coloured feathers.
Last year they took their bicycles and set course for Nepal. The aim was to support a home for vulnerable girls. Now they are back in Sweden (with a little less beard).
MSc students Maria Olsson and Lina Larsson are developing better and more environmentally friendly menstrual protection for women in developing countries.
In a new gas turbine simulator in the A Building, students can see how an interference affects flow immediately.
The right job and the right student. The new student association BrandVisors wants to facilitate contacts between students and companies.
Ida Nordström, senior high school teacher in training, has taken part in a new exchange with Singapore.
Mattias Bergbom would actually have been satisfied with any job in the IT sector. But he ended up in the film industry, in Hollywood, with an Oscar for Visual Effects.
Anna Asratian, master’s student in Experimental and Medical Biosciences, has been awarded a service medal from the Faculty of Health Sciences.
Four LiU students made a documentary on the porters of Kilimanjaro and the climate change.
Last updated: 2014-06-13