Cambridge Consultants
Cambridge Consultants is an international technology development and consultancy company, providing outsourced Research and Development to clients - from start-ups to blue-chip multinationals - who need to develop innovative, technologically novel, breakthrough products. The company also provides business consulting services in the areas of innovation management, market strategy and technical due diligence.
As of mid-2008, the company employs about 300 engineers, scientists, mathematicians, consultants, analysts and support staff in both Cambridge, UK and Cambridge, USA. In addition to their client work, staff at Cambridge Consultants are free to develop their own intellectual property, either for licensing to clients or as the basis for a spin-out business.
Founded in 1960 by two Cambridge graduates – Tim Eiloart and David Southward – to "put the brains of Cambridge University at disposal of the problems of British industry", Cambridge Consultants was one of the UK's first technology transfer businesses.
Several engineering and innovation companies like Technology Partnership (www.ttp.com), Verhaert Masters in Innovation (www.verhaert.com), Sentec (www.sentec.co.uk) and Sagentia (www.sagentia.com) were formed
Initially, the company was privately run.
January 1972, it became part of Arthur D. Little, the large American management consultancy, gaining professional management support and access to international markets. Cambridge Consultants remained part of Arthur D. Little until 2001.
In 2002 the management team at Cambridge Consultants acquired the company, backed by Altran, Europe’s largest technology consultancy.
Cambridge Consultants has created over twenty new ventures in the past twenty-five years, several of which have gone on to achieve listing on the London Stock Exchange, namely Domino, Xaar, Prelude Trust, CSR and Vivid (sold to Vectura Group).
Other successful spin-offs include Alphamosaic and Inca, who have subsequently been acquired by Broadcom for US$123 million and Dainippon Screen for €43.8 million, respectively. Both sales were achieved within five years of the companies being formed.
See Also
Sources of Information
- [1] Wikipedia