Clear Shape Technologies License
OSU’s first equity license agreement involves an innovative Silicon Valley semiconductor technology company that specializes in the design automation and manufacturing of semiconductor chips.
Founded in 2003, Clear Shape Technologies, Inc., is planning to use algorithms developed by OSU researchers Terri Fiez, Karti Mayaram and others to provide additional accuracy and speed in the software designs of semiconductor chips. Clear Shape’s second round of funding was led by Intel Capital with investment from KLA-Tencor Ventures as well. Cadence Design Systems is also an investor in the company.
The license agreement provides OSU with shares of Clear Shape stock in exchange for rights to the technology. Oregon Measure 10, passed in 2002, allows public universities to hold equity in start-up companies.