Re: Hartford Business: UConn takes equity stake in Canadian startup
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Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications
Message: Re: Hartford Business: UConn takes equity stake in Canadian startup
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Mar 10, 2014 10:02AM
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Awesome find Andrea :) thanks.
The UConn contract also adjusts to Poet's new business model. Originally Poet envisioned selling their own chips, but now they'd like to sublicense the technology.
As a result, sublicensing revenue could be much higher than previously expected — if Poet is successful — making a 30 percent cut for UConn a steep price to pay.
"Their business strategy had changed from selling chips to sublicensing the technology and working with partners," Cyr said.
SAY NO TO BUYOUT!!!
"By bringing [optical and electronic components] together, you open up a whole new dimension of capabilities," Taylor said.
That combination of light and electricity is something that no company has yet been able to bring to market, Taylor said.
SAY NO TO BUYOUT!!!
Dr. Taylor looks like MasterChef in that hat :D and he is cooking up a STORM, a perfect STORM.
cheers
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