Monday, November 17, 2008

SNU Techno Holdings Gala Dinner

On November 17, Daniel Shin, a managing director at Megalos Asteria & Co. was invited to attend the International Conference for SNU Techno Holdings, Inc. and its opening gala dinner.

SNU Techno Holdings is a newly created business holding entity of Seoul National University ("SNU"), nation's No. 1 academic institution in Korea. The company holds major technology patents developed at the university and promotes them to be commercialized by either setting up a joint venture with strategic partners or incorporating a new company with investments from venture capital firms or sponsoring corporations. Roh Jung-Ik, a former CEO of Hyundai Group, joined the SNU Techno Holdings as a chief. SNU Techno Holdings currently carry over 30 patent-backed technologies developed by SNU's leading researchers and scientists. SNU Techno Holding plans to seed a number of early stage companies with its given financial resource and diverse network of SNU grads. Over 10 tech companies from SNU are currently traded on the Korean Stock Exchange and SNU Techno Holdings further extends university-wide venture incubation initiatives.

Distinguished experts on university-spun-off tech holding companies from
TsingHua Holdings, Auckland Uniservices Ltd., A*Star (Exploit Technologies Pte. Ltd), Hong Kong University of Science and Technology, Tokyo University, and Kyoto University spoke at the conference. Leading venture investors, corporate sponsors, a number of SNU-affiliated VIP gathered at the gala dinner to celebrate the SNU Techno Holdings' successful launching. Further information may be found here.

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