UTEK to help Datong identify acquisitions

LONDON — UTEK Corporation, a finance company which focuses on technology transfer, has signed a strategic alliance agreement with Datong Electronics plc, which designs and manufactures a range of advanced surveillance products.

“We are enthusiastic about forming a strategic alliance with UTEK which we believe will enable us to identify synergistic technology acquisition opportunities related to our business. Working with UTEK gives us a global reach that would be difficult to achieve through our own research,” commented Brian McQueen Smith, Chief Executive Officer of Datong (Leeds, England).