Symyx Spins Off Sensor Firm
Santa Clara-based Symyx Technologies, a research firm developing research for the pharmaceutical, chemical, energy, and electronics industry, said today that it has spun off a new, independent company to develop commercial applications based on proprietary sensor technologies. The new firm, Visyx Technologies, has received venture capital funding from CMEA Ventures, plus $400,000 in funding from Symyx. Visyx will focus on commercializing sensors for use in passenger, truck, and off-road vehicles. As part of the funding, Symyx President Isy Goldwasser and CMEA VEntures Robert McIntyre have joined Visyx's board of directors.
posted on Wednesday, November 29, 2006 (Link to more information)
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