IP Group has joined forces with tech transfer company Crossword Cybersecurity to target the launch of more cybersecurity spinouts.

UK-based commercialisation firm IP Group and its cybersecurity-focused tech transfer peer Crossword Cybersecurity have signed a memorandum of understanding (MoU) to found cybersecurity spinouts.

The MoU will act as a framework for both parties to examine the technical and commercial potential of university cybersecurity technologies.

They hope to close the gap between the UK’s cybersecurity research sector and that of other advanced countries, seeing academic institutions as a rich, largely untapped source of research with the potential to underpin commercial…

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