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…
The University of Kentucky has formed an industry-university partnership to advance aspects such as sustainable agriculture in the whiskey distilling industry.
The £40m recently allocated by the UK government to proving university research is commercially viable shouldn't just benefit Oxford, Cambridge and London say sector pundits.
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.
