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Article: DuPont and UTEK Corporation Announce Alliance.
- Article from:
- Business Wire
- Article date:
- September 25, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WILMINGTON, Del. & TAMPA, Fla. -- DuPont (NYSE:DD) announced today that it has signed agreements with UTEK Corporation (AMEX:UTK) (LSE-AIM:UTK), a technology transfer company focused on open innovation, to search for technologies for transfer to DuPont and to actively market DuPont's technologies and expertise to UTEK's growing customer base.
Under the first agreement, UTEK will make available DuPont technologies to UTEK's customer base for a five-year period. UTEK clients will benefit from a 30-day right-to-first negotiate to review and evaluate any of the DuPont technologies which are deemed relevant to their search criteria by UTEK and DuPont.
Under ...