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Siemens Technology Accelerator

Siemens Technology Accelerator

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Multiple projects on the road to success

Siemens Technology Accelerator (STA) has an extensive and successful track
record in spinning-off, selling and licensing innovative Siemens technologies.

 

Start-up transactions

Arelion – Smart Optimization

Business Model

Arelion offers innovative optimization software tools, plug-ins, products and customer specific solutions that solve even very complex quantitative optimization problems. Arelion’s software solutions excel when optimization problems are subject to dynamically changing boundary conditions and when good results need to be available within very short time frames. Due to the special architecture of Arelion’s technology, implementation is quick and integration with customers’ IT infrastructure is straightforward. The core technology has originally been developed in cooperation between the Johannes-Kepler-Universität Linz, Austria, and Siemens CT, Munich.

Arelion will concentrate on selling sector specific standard software as well as offering software tools and plug-ins to integrators and other software product developers that require a high performance optimizer.

Company

Arelion GmbH (www.arelion.at)

Sector

Software

Technology

Quantitative Optimization with Solving Units

Founded

2012, Hagenberg im Mühlkreis, Austria

Investors

Siemens Technology Accelerator, Austria Wirtschaftsservice

Infrared sensors by Pyreos – a unique thin film technology with performance advantages for many applications

Business Model

Pyreos develops and produces unique pyroelectric infrared sensors based on a highly innovative thin film technology.

Company

Pyreos Ltd. (www.pyreos.com)

Sector

Electronic components

Technology

Gas sensing spectroscopy and low-power touch-less gesture control

Founded

2007, Edinburgh, UK

Investors

Braveheart Investment Group, Scottish Venture Fund, Siemens Technology Accelerator, Seraphim Capital, Mitsubishi UFJ and Robert Bosch Venture Capital

Local positioning systems by Symeo – radar based distance and position measurement

Business Model

Symeo develops and produces technology components and complete systems for distance measurement and local radar-based positioning for industrial applications. Symeo equipment works reliably under harsh conditions that include vibration, extreme temperatures, dust and harsh weather.

Company

Symeo GmbH (www.symeo.com)

Sector

Electronic systems

Technology

Real-time locating systems

Founded

2005, Neubiberg, Germany

Investors

Private Investor, Siemens Technology Accelerator

odos imaging – high resolution 3D time-of-flight systems

Business Model

odos imaging is a technology-focused company specializing in the development and manufacture of sensor systems that capture high-resolution, time-of-flight, 3D video streams.

The company offers both complete systems and component technologies for use in industrial, automation, logistics, traffic systems and many other demanding applications.

Company

odos imaging Ltd. (www.odos-imaging.com)

Sector

Imaging Systems

Technology

Time-of-flight 3D camera

Founded

2010, Edinburgh, UK

Investors

Private Investor, STA

Wireless and battery-free sensors from EnOcean – green, smart and wireless

Business Model

EnOcean is the global market leader in wireless, battery-free sensor systems for the “green building” sector. For example, the mechanical energy generated by pushing a light switch can be utilized to emit a radio signal that switches the lighting unit on or off. Maintenance-free and flexible, EnOcean’s sensor technology represents a unique solution that assures shorter installation times and lower life-cycle costs for electrical installations, in addition to promising significant energy-saving potential.

Company

EnOcean GmbH (www.enocean.com)

Sector

Cleantech

Technology

Wireless and battery-free sensors

Founded

2001, Oberhaching, Germany

Investors

Atmos, BayTech Venture Capital, Emerald Technology Ventures, Kathrein Group, SET Venture Partners, Siemens Venture Capital, Siemens Technology Accelerator, Wellington Partners

Healthcare monitoring products by Sphere Medical – online measurement of blood parameters in critical care

Business Model

Sphere develops highly innovative monitoring products that provide clinical and economic benefits in the critical care environment. These products allow minimally invasive real-time measurement of therapeutic drugs, disease markers and blood chemistry concentrations, giving healthcare professionals the information they require to manage therapy more effectively.

Company

Sphere Medical plc (www.spheremedical.com)

Sector

Medical devices

Technology

Online blood parameter monitoring

Founded

2002, Cambridge, UK

Investors

Sphere Medical floated on the London Stock Exchange in Nov. 2011

Polymer-based electronics by PolyIC – printed chips for an array of applications

Business Model

PolyIC produces printed polymer electronics, using a technology based on electrically conducting or semi-conducting plastics printed on flexible polyester substrates. Printed electronics enable low-cost RFID tags to be produced for use in mass applications such as logistics, authentication solutions, displays and other complex systems.

Company

PolyIC GmbH & Co. KG (www.polyic.com)

Sector

Electronic components

Technology

Printed polymer-based electronics

Founded

November 2003, Fürth, Germany

Investors

PolyIC has been set up as a joint venture between Siemens AG and LEONHARD KURZ Stiftung & Co.KG. LEONHARD KURZ acquired Siemens' stake in 2008.

Data compression and analysis by Panoratio – highly effective management of data volumes

Business Model

Panoratio enables data in huge databases to be compressed into a format 100 to 1000 times smaller than the original dataset while preserving all relevant statistical information, and offering corresponding administration and analysis software.

Company

Panoratio Database Images, Inc. (www.panoratio.com)

Sector

Software

Technology

High-performance data compression and analysis

Founded

2003, Munich, Germany

Investors

Deutsche Venture Capital (DVC), LEA, PolyTechnos, SEED Ventures, Siemens Venture Capital, Siemens Technology Accelerator

Test data analysis with optimiSE – for systematic optimization of tests in manufacturing

Business Model

OptimiSE GmbH develops and markets software applications for the analysis and optimization of manufacturing test processes in the semiconductor and electronics industry. OptimiSE software applications enable customers to improve test quality while reducing the total cost and time required for testing. This is achieved by using advanced and powerful statistical and data mining algorithms to analyze test data from log files.

Company

optimiSE GmbH (www.optimise.de)

Sector

Software

Technology

Test optimization software

Founded

2001, Karlsruhe, Germany

Investors

Private investors, Siemens Technology Accelerator

SESMOS - a novel integrated screening and validation process for drug discovery

Business Model

SESMOS is developing a novel integrated screening and validation process for drug discovery. The core of the technology is based on miniaturized small molecule libraries and fully quantitative and quality controlled biophysical screening technologies from the University of Edinburgh, linked with an innovative label free biosensor chip technology from Siemens AG.

Based on its proprietary (ultra) high-throughput screening ability of drug targets, SESMOS is operating a hybrid business model, combining internal discovery programs with service offerings to the pharmaceutical industry.

Company

SESMOS Ltd.

Sector

Life-sciences, drug discovery

Technology

Label-free biosensor: Film bulk acoustic resonator (FBAR)

Founded

2011, Edinburgh, UK

Investors

Scottish Enterprise, Siemens Technology Accelerator

Sale / licensing transactions

Piezo Actuator Drives by Noliac – transforming the linear motion of high performance multilayer actuators into powerful and precise controllable rotation

Business Model

The Noliac Group has a unique proficiency in the field of piezoelectric technology. The company designs, develops and manufactures a complete range of piezoelectric products—from powders to mono- and multi-layer components through the finished plug-and-play applications.

Company

Noliac A/S (www.noliac.com)

Sector

Electronic systems

Technology

Piezo Actuator Drives (PAD)

Sales Deal

Siemens Technology Accelerator sold Piezo Actuator Drive (PAD) technology to Noliac A/S in June 2010. The acquisition price was paid in shares so that Siemens became a 20% shareholder in Noliac. Noliac will bring the technology to the market and It is expected that several Siemens businesses can benefit from the implementation of this technology in their applications

Speech processing technology by SVOX – natural language dialogs with cars and devices

Business Model

SVOX AG is the leading provider of embedded speech solutions for the automotive and mobile device industries. The use of flexible software architectures allows for optimized Automatic Speech Recognition, Text-to-Speech and Speech Dialog Solutions that can be easily customized to customers' technical requirements and market needs.

Company

SVOX AG (www.svox.com)

Sector

Software

Technology

Speech processing technology

Sales Deal

In 2009 Siemens Technology Accelerator sold the speech processing capabilities of Siemens to SVOX. The software products for Automatic Speech Recognition and Dialog Management, as well as the majority of the involved employees, were transferred to SVOX. As a result of the acquisition SVOX became an integrated speech technology supplier.

Technology for heat flow thermography by Thermosensorik – non-destructive testing of materials and components

Business Model

Thermosensorik GmbH develops and manufactures systems for non-destructive testing of materials and components based on heat flow thermography. Its product range comprises high-resolution infrared camera systems, manual measuring systems for laboratory use, and fully-automated in-line measuring systems for the non-destructive detection of cracks, cavities other flaws.

Company

Thermosensorik GmbH (www.thermosensorik.de)

Sector

Electronic systems

Technology

Infrared camera system for non-destructive testing

Sales Deal

Siemens Venture Capital and the Siemens Technology Accelerator invested in Thermosensorik GmbH in 2006 and transferred innovative excitation technologies for heat flow thermography to the company.

3D image-capture technology by Axis Three – advanced planning of cosmetic surgery procedures

Business Model

Axis Three is the leader and a pioneer in the development of advanced surgical simulation tools for the cosmetic surgery marketplace. The company’s products include precise surface anatomy capture, innovative simulation technology, interactive three-dimensional (3D) models and tools for planning surgery.

Company

Axis Three Ltd. (www.axisthree.com)

Sector

Medical equipment

Technology

Surgical simulation tools for the medical industry

Sales Deal

Through an exclusive licensing agreement with Siemens, Axis Three has integrated patented image-capture technology developed by Siemens into its own proprietary software to create a powerful, flexible and intuitive platform that can be customized for a variety of surgical needs. In 2006 Axis Three closed a financing round and a licensing agreement with STA.

Integrated multi-gas sensors by Micronas – versatile gas sensors for a broad range of applications

Business Model

Micronas, a global semiconductor designer and manufacturer, is also a leading supplier of cutting-edge integrated circuit and sensor system solutions for consumer and automotive electronics. Micronas’ product portfolio includes an array of microcontrollers and sensors for use in vehicle dashboards, body control, motor management and comfort functions.

Company

Micronas GmbH (www.micronas.com)

Sector

Sensor technology

Technology

Multi-gas sensor

Sales Deal

Siemens Technology Accelerator sold a miniaturized multi-gas sensor technology to Micronas in 2005. The technology supports numerous applications for a wide range of gasses and features low energy consumption and long life.

Innovative 3D face recognition by L-1 Identity Solutions – convenient and secure authentication and identification solutions

Business Model

L-1 Identity Solutions (formerly Viisage) combines industry-leading face, finger and iris recognition technologies with state-of-the-art authentication capabilities to successfully address all aspects of managing identity solutions. The company’s products are used by federal governments, civil agencies, law enforcement and border management agencies within the U.S. and in many other commercial operations.

Company

L-1 Identity Solutions, Inc. (www.l1id.com)

Sector

Sensor technology

Technology

Biometric face recognition technology

Sales Deal

Siemens Technology Accelerator licensed color coded triangulation technology (3D-sensor capturing coordinates and color information of 3D objects) to Viisage in 2004. This technology can be used for 3D face recognition.

Organic photovoltaic technology by Konarka – flexible, low-cost, lightweight solar cells

Business Model

Konarka focuses on the development and production of flexible, low-cost, lightweight solar cells that can be printed as film or coated onto surfaces using roll-to-roll manufacturing. Konarka solutions can enable consumer electronics such as cell phones and portable music players to be charged using indoor or outdoor light.

Company

Konarka Technologies, Inc. (www.konarka.com)

Sector

Cleantech

Technology

Organic photovoltaic technology

Sales Deal

Siemens Technology Accelerator sold the organic photovoltaic research capabilities to Konarka in 2004. This innovative Siemens technology lowers costs, while offering more flexibility and outstanding energy efficiency.

2D wafer inspection systems by ICOS – leading integrated circuit visual inspection equipment

Business Model

ICOS is a leading global developer and supplier of inspection equipment, primarily for use in the back-end semiconductor and electronics assembly markets. The company supplies equipment for the visual inspection of integrated circuits before their integration into applications such as PCs, portable phones and cars.

Company

ICOS Vision Systems NV

Sector

Electronic Systems

Sales Deal

Siemens Technology Accelerator sold an optical water inspection system —the only technology of its kind at the time to already be integrated in a production process—to ICOS Vision Systems. ICOS was sold to US-based KLA-Tencor in 2008.