BuildingIQ acquires core technology from CSIRO

BuildingIQ acquired the OptiCool and ComfortSENSE subsystems and their interface from the Commonwealth Scientific and Industrial Research Organisation (CSIRO) for approximately AUD 500,000. The company previously held an exclusive license for this technology and now owns all associated intellectual property rights.

“The company also announced the acquisition of core technology — specifically, the OptiCool and ComfortSENSE subsystems and the interface in between — from the Commonwealth Scientific and Industrial Research Organisation for approximately 500,000 Australian dollars ($375,660).”

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