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.
Linda Olsson, newly graduated PhD in fossil-free fuels, is now taking over as senior coordinator of the Biogas Research Center.
Peo Hansen, professor of Political Science at REMESO, recently attended an OECD meeting on the EU’s policy for labour migration to Europe.
Dancing and singing are no problem for new visiting professor Jill Trewhella.
Annicka Lang, psychologist and doctoral student at LiU, lectures on the mental health of children who arrive alone to seek asylum.
Chinese furniture enthusiasts recently visited Carl Malmsten Furniture Studies.
Pomp, super-sized, at 2015 Commencement.
LiU’s graphic makeover was introduced on all campuses.
The 2015 SOF pleased both young and old. SOFistan was a hit.
Experienced astronauts impressed by looking at pictures of space? Yes, it is possible.
Last updated: 2015-07-24