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• Buys KTH spin-off for SEK 100 million

  TranSiC, founded in 2005 by KTH Professor Mikael Östling, together with Martin Domeij, at the time researcher at KTH, and the entrepreneur Bo Hammarlund, has been bought by the global semiconductor giant Fairchild Semiconductor. The price tag for the Swedish company is a little more than SEK 100 million.