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.
Anette Wickström, senior lecturer in social anthropology, sees parallels between healthcare work in Sweden and South Africa.
The students are back and the traditional two-week period of welcome events is well underway.
More of everything – from a symphony orchestra to Movits!, several local bands and more festivities than ever.
LiTHe Blås drew resounding applause at the EU Parliament, and was close to winning the Dutch championship in ”Dweilmusik” on their 2014 EUtour.
In the newly-started mentor group LIKES, international and Swedish teaching students gather to discuss and cook.
A year ago she studied political science at LiU. Today she is working with refugee issues at national and international level.
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.
Last updated: 2014-09-02