Transense and SenGenuity Form Bulldog Innovations Joint Venture

Transense Technologies plc has formed a joint venture company with SenGenuity, the sensors division of Vectron International Inc. The joint venture company, Bulldog Innovations Limited is a 50/50 partnership between Transense and SenGenuity that is designed to enable “closer cooperation in order to accelerate the development of specific applications based on the companies' existing [battery-less sensor] technologies.”

The two parties have worked together since July 2008, when SenGenuity was granted an initial licence to manufacture Transense’s temperature and pressure sensor. This initial licence was then extended to include use of Transense’s patented wireless reader electronics. SenGenuity has leveraged this technology toward the development of a series of breakthrough wireless and passive temperature and pressure sensing systems.
 
Graham Storey, Chief Executive of Transense Technologies PLC, commented: “I am delighted we are extending our relationship with SenGenuity through the creation of Bulldog Innovations. The targeted market opportunities identified by SenGenuity, to leverage the synergies of our combined technologies, represent a significant and exciting revenue growth prospect. The JV will allow us to exploit these markets as quickly as possible. I look forward to the continued expansion of our patented technology platform, in joint development with SenGenuity, to our mutual benefit.”

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