Kelvin Connect, a Glasgow University spin-out company that specialises in mobile data-capture systems, has been sold to the UK emergency services’ communications provider Airwave Solutions for an undisclosed seven-figure sum.
The company, which was established in 2002, has developed a system that allows personnel in the emergency services to record data on custom-designed electronic forms while on the move, reducing information processing costs.
Borne from research at the School of Computing Science at the university, Kelvin Connect now employs several of the postgraduates who took the company’s technology from the laboratory to the market.
As part of the deal, Kelvin Connect, which is based in Charing Cross, Glasgow, and employs 30 staff, will remain an independent and autonomous entity and will retain its own brand and the employees that have built the company up.
Simon Hardy, chief executive officer of Kelvin Connect, will step down as chief executive officer to pursue new entrepreneurial activities, but will remain on the board as a non-executive director.
It is expected that Airwave, which made a £1m investment in Kelvin Connect in 2008, will announce future plans for the company in the coming months.