Hide menu

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.

Coresonic develops new, simple and low-power architecture for digital signal processors, the core of all digital communication. The company was founded in 2004 by four researchers at the Department of Electrical Engineering:

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.


 

Related Links


Monica Westman Svenselius 2012-04-26




Comments: RSS with the latest comments on this article

If you are not logged in you need to validate/ make the comments you post active through an email sent to an e-mail address provided by you.

Log in using LiU-id

Post a new comment

farewell ceremony 2014

Happy graduatesGraduates 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.

 

hidden rooms on campus

Corridor where the ventilation in the ceiling and walls are covered by thick insulation

Exploring Kåkenhus Building among the water channels of the basement, a new boule pitch and the locked-up tower on the roof.

 

Last rehearsal with Hasse

Rehearsal in Kårallen Building

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, seeing the world

Ghana danceIDay took place on 25 April at Linköping University. International students showed everyone the beauties of their countries and celebrated cultural diversity.


celebrating easter in sweden

Easter eggsEaster traditions differ from country to country. All have their own way of celebrating. An exclusive Swedish tradition is birch twigs decorated with coloured feathers.

 

home again from nepal

Students in NepalLast 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).

 

developing better menstrual protection

MSc students in UgandaMSc students Maria Olsson and Lina Larsson are developing better and more environmentally friendly menstrual protection for women in developing countries.

 

A lift for aero and eco studies

Jörg SchminderIn a new gas turbine simulator in the A Building, students can see how an interference affects flow immediately.



facilitating contacts

Patrik Jutterström at a student caféThe right job and the right student. The new student association BrandVisors wants to facilitate contacts between students and companies.

 

A semester in singapore

Ida NordströmIda Nordström, senior high school teacher in training, has taken part in a new exchange with Singapore.  

 

to hollywood and back

Mattias Bergbom. Photo: Peter HolgerssonMattias 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.

 

awarded student

Anna AsratianAnna Asratian, master’s student in Experimental and Medical Biosciences, has been awarded a service medal from the Faculty of Health Sciences.

 

the porters of Kilimanjaro

The porters portrayed in the filmFour LiU students made a documentary on the porters of Kilimanjaro and the climate change.


Page manager: anna.nilsen@liu.se
Last updated: 2014-06-13