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September 2011       Print PrintMIS Department on LinkedIn LinkedInMIS Department on Facebook FacebookMIS Department on Twitter Twitter     
Hsinchun Chen's Tech Spinoff Bought by IBM

Hsinchun ChenIt all started in 1998 when Dr. Hsinchun Chen and his Artificial Intelligence Lab (AI Lab) formed Knowledge Computing Corporation (KCC.)

Over many years KCC developed the award winning analysis software called COPLINKĀ®. COPLINK was one of the first commercially available products that let police agencies rapidly share crime information across jurisdictional lines and analyze the data. The system allows investigators to access a wide variety of sources to link suspects to crimes, identify and apprehend them.

In July of 2009 Knowledge Computing was acquired by i2 Holdings Ltd, the premier global provider of intelligence and investigation management software. i2 is a British based company that currently employs about 100 people in their Tucson office.

Now, just one year later, IBM announces that it has agreed to buy i2. The value of the deal was not disclosed but it is understood to be around $500 million.

The above is a perfect example of how research can transfer into real-world businesses. Through Dr. Chen's technology expertise, know-how and development he and his team were able to effectively transfer "lab" results into a new product that improved an old process and provide employment for several hundred people.

More information may be found at the following -

UA News "UA Tech Spinoff Acquired by IBM Corp."

Financial Times "IBM buys UK crime analytics company i2"

Cabume (Cambridge Business Media) "IBM to address global cities' security issues following i2 acquisition"

IBM Times "IBM Buying Spree Shows Appetite for Foreign Tech Players"

Arizona Daily Star "IBM to buy analytics firm with Tucson site"

 

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