|
|
Article: New firm rises from ultrasonic technology Kimberly-Clark patents form basis for company
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- August 21, 2009
- Author:
CopyrightCopyright 2009 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
|
By KATHLEEN GALLAGHER
Appleton-based NEW Capital Fund said Thursday it has formed a new
company that will use Kimberly-Clark Corp. patents and employees to
expand applications for the consumer product giant's ultrasonic
technology.
Aurizon Ultrasonics LLC is hiring eight research-oriented
employees from Kimberly-Clark's Neenah office and is licensing a
broad swath of intellectual property, said Charles Goff, general
partner of the $10 million private equity fund.
"We're getting a treasure trove of talent and the intellectual
property to go with it," Goff said.
NEW Capital and Kimberly-Clark are not disclosing how much money
was raised to form the company. Aurizon is funded by NEW Capital and ...