News archive

Read the latest news about TeknoSeed and its portfolio companies.

2012-06-14  Nokia to acquire developers, technologies and intellectual property for imaging from Scalado

Sweden: Scalado is announcing plans under which Nokia would acquire world-class imaging specialists as well as all technologies and intellectual property from Scalado AB.“This is a great opportunity for many of our people to show their leadership in imaging and to continue to build its future,” said Håkan Persson, chief executive officer of Scalado AB. “Doing this as part of Nokia, already a leader in mobile imaging, will reinforce the strength of the technologies and competences developed at Scalado. We are very excited about this opportunity, which is a natural next step in our longstanding relationship with Nokia.”

The Lund site is planned to become a key site for Nokia’s imaging software for smartphones.

Scalado AB will continue to exist. All present customer agreements and obligations will remain with Scalado AB. The main task of Scalado AB will be to continue to work with our customers honoring our delivery and support obligations and fulfill any and all obligations in relation to its existing customers.

“We are very pleased to have signed an agreement with Nokia” said Anders Lidbeck, Chairman of the Board of Scalado AB. “We believe that this not only creates value for Scalado employees and shareholders but also ensures the future development and use of the Scalado heritage and technology”

The transaction, which is subject to customary closing conditions, is expected to close during the third quarter of 2012. The terms of the transaction are confidential

2011-03-14  Airec secures SEK 25 million from Industrifonden and RWE Innogy

Airec secures approximately SEK 25 million from Industrifonden and the German investor RWE Innogy. Based in Malmö, Airec has developed and internationally launched totally new types of highly efficient, compact plate heat exchangers. The money will be used for international expansion. Teknoseed made its first investment in the company in 2008 and participates alongside new investors and current owners in the current financing.

Airec’s unique gas/liquid heat exchanger technology offers customers and users great advantages compared with traditional heat exchangers, including better price and performance. Higher efficiency and the compact design also allow for substantial energy savings and reduced emissions when the heat exchangers are integrated into various systems.

Airec’s heat exchangers are already used as a critical component to reduce CO2 emissions and to conserve energy in boilers, cogeneration power systems, aircraft turbines, various refrigeration and freezer systems, biogas and other processing systems. Airec is participating in a number of collaborative projects with large and global companies to integrate its technology in their systems.

In 2009 Airec received WWF's “Climate Solver Award” for its heat exchangers. The award is given to environmentally friendly innovations with the potential to reduce CO2 emissions.

2010-10-20  mBlox acquires Mashmobile

Mashmobile, a software company operating in the field of fixed-mobile convergence, has been acquired by mBlox, the world's largest mobile transaction network.

Teknoseed made its first investment in Mashmobile when the company was incepted in 2006 and participated in follow-on financing of the company together with Industrifonden and Broken Arrow Capital, a Silicon Valley based VC.

2010-04-26  Biotage AB Acquires MIP Technologies AB

Biotage AB a global leader in tools and technology for medicinal and analytical chemistry, and the owners of MIP Technologies AB today announced that the parties have signed a definitive agreement under which Biotage will acquire all outstanding shares in MIP Technologies, a privately held leading developer of molecularly imprinted polymers (MIPs) and other novel polymers.

MIP Technologies, located in Lund, Sweden is a company working at the boundary of chemistry and materials science. Founded in 2000, the company has developed ground breaking solutions for the separations field using proprietary Molecularly Imprinted Polymer (MIP) technology and other novel polymer chemistries. The company is currently providing state-of-the-art solutions for several multi-national blue chip customers in the food and beverage industries and develops front line analytical products for food, environmental, veterinary and pharmaceutical laboratories, including many of the top government central laboratories monitoring chemicals in food and health products

This is an excellent strategic fit regarding Biotages expansion and diversification into markets outside of pharma and it will certainly fuel our efforts within Sample Prep. One of our ambitions going forward is to further develop our Sample Prep business and to drive our consumables sales to get a more even balance between the sale of instruments and consumables. says Torben Jörgensen, Biotage AB President and CEO The addition of MIP Technologies continues the advancement of our vision of complete solutions for the scientific community. We are very excited about the technology that will benefit our customers and fit perfectly with our product offering. MIP Technologies will bring outstanding competencies which strengthen our own and we have the experience, knowledge and resources they need to reach the global market.

We are all very excited about joining the Biotage organization. says Anthony Rees, MIP Technologies CEO. Our MIP and non MIP polymer technologies compliment Biotages product offering and Im especially thrilled that the direct and indirect sales, distribution and service from Biotage are world-class. says Rees The combined capabilities within existing R & D organizations and production units will allow us to further profit on the current businesses but also to venture into new areas.

2012-06-14  Nokia to acquire developers, technologies and intellectual property for imaging from Scalado
2011-03-14  Airec secures SEK 25 million from Industrifonden and RWE Innogy
2010-10-20  mBlox acquires Mashmobile
2010-04-26  Biotage AB Acquires MIP Technologies AB

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