Archive for July, 2010

SensAble Technologies (MIT) Posts Record Dental Sales in Q2 2010, Driven by Worldwide Adoption (7/21/2010)

July 26, 2010

SensAble Technologies is an MIT spinoff that develops 3D touch-enabled technology.

SensAble Technologies Inc., a privately held provider of 3D modeling software, haptic devices and dental restoration design and fabrication solutions, announced that it achieved record dental sales during its second quarter ending June 30, driven by worldwide popularity of its integrated SensAble Dental Lab System (SDLS). As dental labs rapidly adopt digital technologies, sales of SensAble’s systems increased across all geographies, and the company added new SensAble Authorized Production Centers (SAPCs) – labs that produce restorations for their own dentists, as well as provide scan, design and fabrication services to other labs – in Korea, Japan, Canada and the US. [read more]

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Schrödinger (Columbia) Granted Patent Protection (7/21/2010)

July 26, 2010

Schrödinger is a Columbia University spinoff focusing on chemical simulations for research in the pharmaceutical and biotechnology industries.

Schrödinger announced today that technology within its WaterMap™ software package has been granted patent protection. United States Patent No. 7,756,674, titled “Methods of Calculating Differences of Binding Affinities between Congeneric Pairs of Ligands by way of a Displaced Solvent Functional,” was issued on July 13, 2010 to Columbia University, where the technology was first developed jointly within the laboratories of Professors Richard Friesner and Bruce Berne. Schrödinger has exclusive rights to the patent through a licensing agreement with Columbia University. [read more]

Gevo (Caltech) Appoints Bruce A. Smith, Former Chairman, President and CEO of Tesoro Corporation, to Board of Directors (7/20/2010)

July 26, 2010

Gevo is a Caltech spinoff focusing in renewable chemicals and advanced biofuels.

Gevo, a privately held renewable chemicals and advanced biofuels company, today announced the appointment of Bruce A. Smith to its Board of Directors. Smith most recently served as chairman, president and CEO of Tesoro Corporation, an independent refiner and marketer of petroleum products. [read more]

SDL Acquires Language Weaver (USC), Affirming its Leadership in Machine Translation and Global Information Management (7/15/2010)

July 19, 2010

Language Weaver is a USC spinoff focusing on automated translation.

SDL, the leading provider of Global Information Management solutions, today announces it has signed an agreement to acquire Language Weaver Inc. (“Language Weaver”), a pioneer in statistical machine translation. This acquisition not only delivers best-of-breed automated translation technology into SDL’s Global Information Management Platform, it does much more. Integration of secure machine translation technology into the translation supply chain at all levels will allow enterprises and governments to translate significantly larger volumes of content faster and more efficiently to meet the needs of the vast content in today’s increasingly online world. The transaction has received shareholder approval of more than 85% of Language Weaver equity ownership and is expected to complete by July 28th, 2010. [read more]

NETGEAR Licenses Firetide (MIT) WLAN Technology for Its New ProSafe 5-AP Wireless Management Software (7/15/2010)

July 19, 2010

Firetide is an MIT spinoff focusing on wireless infrastructure mesh networks.

Firetide Inc., the leading provider of wireless infrastructure mesh networks, announced today that NETGEAR®, Inc. is using Firetide’s WLAN controller software for its new ProSafe® WMS105 5-AP Wireless Management Software, which is specifically designed for growing businesses. As NETGEAR has been a worldwide provider of technologically advanced, branded networking products, this OEM agreement is part of Firetide’s multi-year strategy for Firetide WLAN controller technology. [read more]

Reata Pharmaceuticals (Columbia) Completes $78 Million Equity Financing for Second Pivotal Trial of Bardoxolone Methyl (7/14/2010)

July 19, 2010

Reata Pharmaceuticals is a Columbia University spinoff focused on pharmaceuticals for intractable diseases.

Reata Pharmaceuticals, Inc. (“Reata”) has completed a $78 million equity financing led by existing investors CPMG, Inc. and Novo A/S. This financing brings the total raised by the Company to $180 million since inception. [read more]

Panopto (CMU) Increases Power of Video Capture with Panopto Focus 3.0 (7/14/2010)

July 19, 2010

Panopto is a CMU-based spinoff focusing on media-rich knowledge casting and content management solutions.

Panopto, Inc., a leading provider of rich media knowledge casting and management solutions for the corporate, education, government and healthcare markets, today announced the release of Panopto Focus 3.0, the third generation release of its leading CourseCast software solution for rich media video capture. Panopto Focus is a significant upgrade to Panopto’s software and will replace the original CourseCast brand. [read more]

Sports Authority selects Allurent (MIT) to boost ecommerce (7/14/2010)

July 19, 2010

Allurent is an MIT spinoff powering superior online shopping experiences.

Allurent™, the market leader in powering superior online shopping experiences, today announced that athletic equipment retailer Sports Authority has selected Allurent on Demand to add interactive shopping experiences to their core ecommerce website (www.SportsAuthority.com) and other related brand sites. [read more]

Conviva (CMU) Helps Power 2010 FIFA World Cup™ Online Video Fan Experience (7/13/2010)

July 19, 2010

Conviva is a CMU spinoff delivering high quality video experiences.

Conviva, Inc., an advanced streaming solutions provider, today announced that it helped power the live and on-demand online video experience to millions of 2010 FIFA World Cup™ fans around the world. Astro (Malaysia), CBC (Canada), CNTV (China), TV 2 (Norway) and Univision Interactive Media (U.S.) are among the list of content providers that Conviva provided real-time viewer measurement and diagnostics during all 64 matches of this record-breaking online event. [read more]

Marantz Adopts Full Range of Audyssey (USC) Technologies in its Latest Line of AV Receivers (7/13/2010)

July 19, 2010

Audyssey is a USC spinoff that develops sound equalization solutions.

Audyssey® today announced that Marantz’s 2010 line of AV receivers now uses a full complement of Audyssey technologies. Marantz, known for its innovative hardware advances, was one of the first companies to use the award-winning Audyssey MultEQ room calibration and equalization technology when it first partnered with Audyssey in 2005. Each new Marantz model will use MultEQ, Audyssey Dynamic EQ and Dynamic Volume with two models adding Audyssey DSX and MultEQ Pro capability. [read more]