UK-based commercialisation firm the IP Group has offered £70m ($116m) in a takeover bid of tech transfer unit Fusion IP.
IP currently holds a 20% equity stake in Fusion. The bid values Fusion at 80.2p per share, at £87m in total, and represents a 27.4% premium on Fusion’s current share price.
Fusion IP currently has exclusive commercialisation rights with the universities of Sheffield and Cardiff, which holds a 10% stake in the firm. It also signed memorandums of understanding with…
In 2020, Stellenbosch University launched Africa's first-ever university venture fund focused on spinouts — here's how it's reshaping the country.
Global University Venturing (GUV) is where tech transfer, academic and investment experts meet to explore the latest ideas and technologies driving innovation forward. We drive the discussions and share best practices that are critical to the success of spinouts, scaleouts and innovation programmes. Our aim is to help improve the processes of bringing innovations from academia to global markets and facilitate their integration into the broader business ecosystem.
