Glasgow University to sell technology investment portfolio to IP Group for GBP 5m

From: Scotland on Sunday | Date: July 16, 2006| Author: | Copyright information

GLASGOW University is understood to be preparing to sell its portfolio of money-spinning technology for GBP 5m to IP Group, the London-based commercialisation agency.

The deal covers the bulk of the saleable technology developed at Glasgow for the next 25 years, according to university insiders.

IP Group has contracts with English universities, including Oxford and Leeds, to exploit their technology through spin-out companies, which in some cases have floated.

The price tag is regarded as low for an institution which just five years ago claimed to have a portfolio of investments in spin- ...

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