Elixent acquired by Matsushita, says report

Peter Clarke, EE Times
(07/17/2006 11:10 AM EDT)

LONDON — Elixent Ltd., a company spun out from the research laboratories of Hewlett Packard Co. in Bristol, England, has been acquired by Matsushita Electric Industrial Co. Ltd., one of its two principal backers according to an online report. Elixent is set to become an R&D center under the Panasonic name, the report said.

Elixent was spun off from Hewlett Packard Laboratories in Bristol in 2000 to commercialize reconfigurable technology that had been in development there since 1995. Alan Marshall served as chief technology officer of the company under Kenn Lamb, chief executive officer.

Click here to read more ...