UTEK, Robbins & Myers Sign Technology Acquisition Alliance
Alliance will allow Robbins & Myers to cost-effectively acquire technologies for new product development.
TAMPA, Fla. & DAYTON, Ohio - UTEK Corp., a specialty finance company focused on technology transfer, and Robbins & Myers, Inc., a supplier of mixers, pumps and other products for the energy and pharmaceutical industries, announced Wednesday the signing of a technology acquisition alliance.
According to Peter C. Wallace, CEO of Robbins & Myers, the alliance will allow the company to
to cost-effectively review and acquire technologies to complement its equipment and systems for the pharmaceutical, energy, and industrial markets.
UTEK, through its technology acquisition alliances, helps companies to enhance their new product development with the acquisition of proprietary intellectual capital from universities and laboratory research centers.