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.
LiU and Vice-Chancellor Helen Dannetun hosted an anniversary conference filled with science, new learning, good times and lots of interaction.
Alumni of the Year Mihai Aldén and Kajsa Andersson spoke about their choice of career paths and received diplomas.
The Wildlife Security project has further raised its profile, as LiU becomes a member of the Clinton Global Initiative.
It’s the cracks in international climate negotiations that interest Mathias Fridahl, researcher at the Department of Thematic Studies - Environmental Change.
Right now, Professor of Political Science Peo Hansen is up to his ears in national and international media, who want to interview him.
Charlotte Lundgren, communications researcher at the Department of Culture and Communication, has set up cameras to study the interaction among trainers, elite riders and horses.
Throngs of people at the exhibition, unexpected meetings, and a deliriously happy audience in front of the stage. This year’s Kalas really was a smash.
People who suffer from alcohol and drug addiction are seldom given up-to-date treatment in the healthcare system, Markus Heilig, psychiatrist and world renowned addiction researcher, writes in a new book.
Alexandra A. Holmström has a lot on her plate, with New Students’ Day on 2 September.
Last updated: 2015-11-26